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

New measures to tackle pension scams

Introduction The DWP and HMT have issued the response to their joint consultation on a package of measures aimed at tackling three different areas of pension scams: cold calling, pension transfers, and the inappropriate use of single...

Overseas pension transfers and the advice requirement – Sackers’ response to DWP call for evidence

Background The DWP has issued a call for evidence on the way the “advice requirement” applies to members with safeguarded pension benefits who wish to transfer those benefits outside the UK. In this response General comments Scale of...

Government consults on measures to combat pension scams

Introduction HMT and the DWP are jointly consulting on a package of measures aimed at tackling three different areas of pensions scams: a ban on cold calling limiting pension scheme members’ statutory right to transfer making it a...

Combating pension scams: The Code of Good Practice

Introduction The Pension Liberation Industry Group published a Code of Good Practice on Combating Pension Scams on 16 March 2015. The Code, which is aimed at trustees, administrators and providers, sets out the steps to be taken when...

Capita Oak Pension Scheme – Mr X (Pensions Ombudsman) -15 December 2014

The Pensions Ombudsman has published its first determination of a case relating to “pension liberation” or “pension scams”. The case concerns an individual who was persuaded to transfer out of their employer’s pension scheme and...

TPR launches pension scam awareness campaign

Introduction TPR has re-launched its “scorpion” campaign, the awareness campaign on the risks of being drawn into a pension liberation scam.  The campaign marks a change in emphasis in TPR’s approach, in view of the number of scams...