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.
Introduction On 4 March 2015, the DWP published a response to the consultation on the Occupational Pension Schemes (Power to Amend Schemes to Reflect Abolition of Contracting-out) Regulations (“the Response” and “the Regulations”...
Introduction The Pension Schemes Act 2015 (the “Act”) received Royal Assent on 3 March 2015. Originally designed to introduce a framework for defined ambition (DA) (see our Alert), these provisions are now somewhat overshadowed by...
Introduction With the Government’s reforms allowing DC pension savers greater freedom and choice over their retirement options due to come into force from 6 April 2015, the DWP has published a further set of draft regulations designed to...
Introduction With Government reforms allowing DC pension savers greater freedom and choice over their retirement options set to come into force on 6 April 2015, the DWP has published three sets of draft regulations which will make a number...
Introduction HMRC has published draft legislation and explanatory notes on pension flexibility and annuities for a technical consultation. The new provisions are designed to ensure that payments of annuities to beneficiaries can be made...
Background On 17 October 2014, the DWP published a Command Paper which includes its response to the consultation on minimum governance standards and certain questions on transparency. The Command Paper DWP is now consulting on draft...
Background The FCA is consulting on proposed standards for delivery partners (CP14/11) in connection with the “Guidance Guarantee” that was announced at Budget 2014. This forms part of the package of changes to the pensions tax rules,...
