Find out what’s happening at Sackers. Our News section provides information about recent work, press comment and media coverage, and what our people are doing.
Welcome to the first edition of our DC briefing, which highlights topical news on DC pensions from a legal viewpoint. We are living in times when DC pensions are regularly hitting the headlines and generating political debate. All eyes...
Background The FCA is consulting on proposed standards for delivery partners (CP14/11) in connection with the “Guidance Guarantee” that was announced at Budget 2014. This forms part of the package of changes to the pensions tax rules,...
Background HMRC is consulting on draft legislation – The Taxation of Pensions Bill – and other documents for the changes to the pensions tax rules announced at Budget 2014 that give individuals greater flexibility to access...
Introduction The FCA has been working with the DWP and TPR to design a package of reform measures, aimed at helping to ensure that all workplace pension schemes are of high quality and offer value for money (VfM). On 6 August 2014, the FCA...
Introduction Last week, the Government published its response to the consultation on “Reshaping workplace pensions for future generations” (see our Alert) and a new Pension Schemes Bill (the “Bill”). The main purpose of the...
Introduction The position in relation to the recoverability of VAT on professional fees paid in respect of occupational pension schemes has been in the spotlight recently. HMRC has issued two Briefs, Brief 06/14 and Brief 22/14, which...
Background The 2014 Budget proposed significant changes on the use of individuals’ DC pension pots at retirement. HM Treasury’s consultation “Freedom and choice in pensions”, published alongside the Budget, proposes a general...
