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 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...
Introduction On 25 June 2020, the DWP published a call for evidence seeking views on the effectiveness of costs, charges and transparency measures in protecting pension member outcomes (“the Call for Evidence”). This Call for Evidence,...
Introduction Trustees of occupational pension schemes should be preparing for a second raft of changes to their statements of investment principles (“SIPs”) and the introduction of implementation statements. They must also ensure that...
Introduction On 29 July 2019, the DWP issued a consultation on draft regulations (“the Consultation” and “the Regulations” respectively) imposing new obligations on trustees in relation to the fiduciary management and investment...
Introduction The Shareholders Rights Directive (“SRDII”) had to be transposed into UK law by 10 June 2019. On 6 June 2019, the Government published the Occupational Pension Schemes (Investment and Disclosure) (Amendment) Regulations...
Introduction On 11 September 2018, the DWP published a response to the consultation on changes to the Occupational Pension Schemes (Investment) Regulations 2005 (the “2005 Regulations”) together with a final version of the regulations,...
