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

Finance & investment briefing – June 2017

The Finance & Investment Briefing – June 2017 (PDF) takes a look at current issues of interest to pension scheme investors. In this briefing: Overview and governance The importance of managing risk in DB investments ESG...

TPR publishes DB investment guidance

Introduction The Pensions Regulator published new DB investment guidance on 30 March 2017. The guidance is aimed at the trustees of occupational DB pension schemes, with a view to helping them understand, manage and monitor key aspects of...

Finance & investment briefing – March 2017

The Finance & Investment Briefing – March 2017 (PDF) takes a look at current issues of interest to pension scheme investors. In this briefing: Back to basics: arbitration v litigation Asset management: FCA interim report...

CARE schemes

Career Average Revalued Earnings Schemes (known as CARE schemes) are a form of DB pension arrangement adopted by employers seeking greater costs control than may be achieved under a traditional final salary scheme. For an employer looking...

Cash balance schemes

A “cash balance” scheme is a form of DB pension arrangement where the defined benefit is a lump sum expressed as a formula linked to the member’s final pensionable salary. The lump sum will be available at retirement to provide...

Buy-ins: Basics

A “buy-in” is simply an annuity held in the trustees’ name.  By contrast a “buy-out” is an annuity held in the member’s name. Buy-ins are simply another scheme investment and are attractive to employers...

No VAT Exemption for Workplace Pensions

Introduction The European Court has rejected a claim that workplace DB pension schemes in the UK should be exempt from paying VAT on investment management services. In this Alert: Key points Background Appeal to the First Tier Tribunal...