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 DB funding code laid in Parliament

Introduction After months of speculation, the final draft DB funding code (“the Code”) was laid before Parliament today, with TPR hailing it as “a key milestone in delivering the significant package of work to improve the...

TPR publishes annual funding statement 2024

Introduction TPR’s latest annual funding statement was published on 24 April 2024. With the majority of schemes estimated to have improved funding positions, and in light of the Mansion House reforms announced in the year since the last...

DWP publishes revised DB funding regulations

Introduction The first document in the new funding regime jigsaw has now been issued in final form. Designed to implement new requirements set out in the PSA21 for DB schemes to have a funding and investment strategy (“the F&I...

TPR publishes annual funding statement 2023

Introduction TPR’s latest annual funding statement (the “statement”) was published on 27 April 2023.  With the majority of schemes estimated to have improved funding positions, TPR encourages trustees to consider if their long-term...

TPR consults on its new DB funding code

Introduction On 16 December, TPR delivered its long anticipated second consultation on a new draft DB funding code. The draft code is designed to form an essential double-act with the DB funding and investment strategy regulations...

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...

TPR publishes annual funding statement 2022 in “turbulent times”

Introduction TPR’s latest annual funding statement was published on 27 April 2022.  As you would expect, TPR focuses on the current period of “significant economic uncertainty” and how this may impact schemes.  The statement...