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.
The Government has unveiled proposals aimed at making it easier for individuals to keep track of and consolidate their pension savings. In this hot topic, we look at the key aspects of the proposed multiple consolidator system and the...
This quarterly bulletin sets out current and future developments affecting master trusts, so you can check what should be on your agenda. Download it here: Master trust agenda Q4...
Background On 11 July 2023, the DWP issued a consultation on a proposal to resolve the issue of deferred small pots (“the consultation”). This follows a call for evidence on addressing the challenge of deferred small pots issued in...
Background The Department for Work and Pensions (“the DWP”) has issued a call for evidence on “Addressing the challenge of deferred small pots”. In this response Responses to specific questions and related comments Responses to...
Introduction With all eyes on the possible publication of the single code, on 30 January 2023 the DWP published a package of documents including one consultation response (on broadening investment opportunities), statutory guidance (on...
The Government is “determined” to address the growth in the number of deferred small pots (of less than £1,000) and the impact this has on the consumer. In December 2020, the Small Pots Working Group Report (“the Report”) set out...
The Pensions Policy Institute (PPI) recently published a briefing document entitled Small pots: what are they and why they matter, setting out the problems associated with small pots and some possible solutions. The aim is to support the...
