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

Mansion House Reforms – the pensions avalanche

Introduction As widely trailed in the press, the Chancellor, Jeremy Hunt, delivered his Mansion House speech last night. Being guided by three golden rules, including seeking to secure the best possible outcomes for pensions savers, he...

What’s changing on 6 April?

  It’s been hard to miss that pensions was a key area in the Spring Budget, but in all the excitement, it can be easy to lose track of exactly what’s changing.  So here is a quick recap of those changes, along with a reminder of...

Finance (No.2) Bill 2023

Introduction The Finance (No.2) Bill (“the Bill”) was published today, 23 March 2023. With the notable exception of the abolition of the LTA, which is being dealt with by a separate Finance Bill, the Bill sets out measures which are...

Spring Budget 2023 – the AA set to rise and the LTA to be swept away

Introduction Rumours of changes to pensions tax were rife in the run-up to this year’s Spring Budget, and many were on the money. Aiming to help ensure that “high skilled individuals such as NHS clinicians are not disincentivised from...

Pensions member portals: to boldly go?

For scientists and science fiction fans out there, the idea of portals brings amazing possibilities of exploration of space and time. Although not quite so out of this world, pensions member portals are now starting to revolutionise the...

DWP consults on DB funding and investment strategy

Introduction Designed to implement new requirements set out in the PSA21 for DB schemes to have a funding and investment strategy (“the F&I Strategy”), and to submit a written statement of that strategy (“the Statement”) to...

Stronger (Nudge) than yesterday

Stronger than yesterday. Or at least come 1 June, if your scheme contains DC benefits, you’ll need to be. Why? Because in January the DWP published final regulations[1](the “Regulations”) requiring DC trustees to implement a Stronger...