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.
Background On 14 November 2024, the DWP issued a consultation on reforms to the DC pension market to build scale and put savers first. In this response General comments Responses to specific consultation questions We welcome the...
Introduction The Chancellor, Rachel Reeves, delivered her first Mansion House speech on 14 November 2024. Following the avalanche of pensions reforms announced by former Chancellor Jeremy Hunt in 2023, this year’s speech confirmed plans...
The Government is engaged in a concerted policy drive on productive finance and aims to make illiquid investment more accessible to DC schemes. Our latest Hot Topic looks at some of the challenges associated with introducing illiquid...
Introduction With all eyes on the possible publication of the single code, on 30 January 2023 the DWP published a package of documents including one consultation response (on broadening investment opportunities), statutory guidance (on...
Introduction On 6 October 2022, the DWP published a consultation on draft regulations and statutory guidance (“the Regulations” and “the Guidance”, respectively) intended to implement certain of the changes proposed in its March...
Introduction On 30 March 2022 the DWP published a consultation seeking views on proposals and draft regulations to improve the accessibility of illiquid assets for DC pension scheme investment. Click here for a PDF of this Alert. In this...
Background The DWP is consulting on the policy around the implementation of a threshold (or de minimis) below which the flat fee element of the combination charge used by pension providers cannot be charged to members. It is also seeking...
Introduction Further to an announcement in this year’s Budget (see our Alert), on 19 March 2021, the DWP issued a consultation on proposed measures to allow occupational DC schemes to smooth performance fees within the charge cap, and a...
Background This response relates to the Department for Work & Pension’s (“the DWP”) call for evidence, seeking views on the effectiveness of costs, charges and transparency measures in protecting pension member outcomes (“the...
