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

Hot topic: Rising inflation – considerations for DB and DC schemes

Cost of living increases have reached levels unprecedented in recent history. CPIH rose by 8.8% in the 12 months to July 2022, the highest annual rate since December 1990. High inflation has wide implications for pension schemes and...

Call for evidence – Helping savers understand their pension choices

Introduction The DWP published a call for evidence on 14 June 2022 to explore what support members of pension schemes need to help them make informed decisions about how to use their savings. It will also seek to understand what support...

Response to consultation on safeguarded benefits and the advice requirement

Introduction On 6 July 2017, the DWP published a response to its autumn 2016 consultation (see our Alert) on valuing pensions for the advice requirement and introducing new consumer protections. For a PDF of this Alert click here. In this...

TPR’s guide to value for members

TPR’s revised Code of practice on the governance and administration of occupational trust-based schemes providing money purchase benefits came into force on 28 July 2016. To coincide with this, TPR published the final versions of its...

Retirement savings and financial advice – changes in the pipeline

Introduction Two consultations and a call for evidence are underway which look set to simplify certain elements of financial advice in the retirement savings context. For a PDF version of this Alert please click here. In this Alert Key...

Developing a Retirement Quality Mark

Background The Board of the Pension Quality Mark (PQM) launched a consultation in November 2015 on its proposed new Mark, the Retirement Quality Mark (RQM). The existing PQM is focused on the accumulation phase of retirement saving, with...