Tag: Governance

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.

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The General Code – filling the gaps

In the previous blog  in our General Code Corner, we looked at how trustees can develop a strategy for prioritising and filling in any gaps in their policies and procedures. Below, we consider how trustees can bridge those gaps in the...

Taking stock on the General Code

Following publication of the final version of TPR’s new general code of practice (the “Code”) in January 2024, the Code came into force on 28 March 2024. Signifying a new era for pension scheme governance and compliance, trustees...

The General Code

Introduction TPR published its long-awaited new general code of practice (the “Code”) and consultation response on 10 January 2024. Previously known as the “single code” and first announced in 2019, a draft version of the Code was...

A new DC decumulation framework (aka rethinking the pension freedoms)

As part of its Mansion House reforms announced in July, the Government published a consultation (which has since closed) on a new policy framework to support DC members in trust based schemes in decumulation. If I’ve lost you already...

Pension trustee skills, capability and culture: a call for evidence

Background On 11 July 2023, the DWP and HMT issued a call for evidence to support the development of policy options for improving the skills and capability of pension trustees and removing barriers to trustees’ ability to make effective...

TPR’s General Code: what should trustees be doing now?

TPR’s new single code of practice (the “Code”) is expected to be published in spring 2023. Although we are still waiting to see what the final Code looks like, there are steps trustees can take now to prepare. Read our hot topic...

Is your Single Code strategy race-ready?

At the time of writing, the updated version of the Pensions Regulator’s (TPR) new single code of practice (the Code) is still awaited. Although we are not yet at the finish line, TPR has indicated that it hopes we’ll see the finalised...

TPR’s Single Code – what should trustees be doing now?

TPR’s new single code of practice (the “Code”) is expected to be published in autumn 2022. Although we are still waiting to see what the final Code looks like, there are steps trustees can take now to prepare. In this Hot Topic:...

TPR’s single code: a marathon, not a sprint (but you need to start training)

The Pensions Regulator (TPR) consulted earlier this year on its proposed new single code of practice (the Code). The Code is to combine 10 of TPR’s existing 15 codes of practice into an updated and online format, and with content that...