News

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.

Latest News

Monitoring DC risk – the risk register

Trustees have a legal duty to establish and operate adequate “internal controls” to ensure that their scheme is run in accordance with the scheme rules and legal requirements. The primary focus of internal controls is a scheme’s risk...

DC briefing – August 2017

The DC briefing (PDF) highlights topical news on DC pensions from a legal viewpoint. In this briefing: Existing master trusts – new obligations DC tracker Spotlight: Value for members...

Response to consultation on safeguarded benefits and the advice requirement

Introduction On 6 July 2017, the DWP published a response to its autumn 2016 consultation (see our Alert) on valuing pensions for the advice requirement and introducing new consumer protections. For a PDF of this Alert click here. In this...

Pension Schemes Act 2017 – new regulatory regime for master trusts

Introduction The Pensions Schemes Bill 2017 (“the Bill”) received Royal Assent on 27 April 2017 and is now the Pension Schemes Act 2017 (“the Act”). The Act’s primary aim is to provide for the greater regulation of master trusts....

Five top tips for your chair’s annual statement

The chair’s annual statement is a legal document which confirms the steps the trustees have taken to ensure good governance of their DC arrangements over the previous scheme year. Depending on your scheme’s timetable you should either...

DC briefing – March 2017

The DC briefing (PDF) highlights topical news on DC pensions from a legal viewpoint. In this briefing: 21st Century Trusteeship and Governance Master trusts – the questions employers should ask Pensions Advice Allowance (“PAA”) Call...

Bulk transfers of DC pensions without member consent – Sackers’ response to DWP consultation

Background The DWP has called for evidence on how the current provisions on the bulk transfer of defined contribution pensions without member consent, in particular from occupational and stakeholder pension schemes, could be improved. In...