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.
Background The joint HMT/ HMRC consultation on Individual Protection from the Lifetime Allowance Charge seeks to assist those with pension savings in excess of the new LTA when it reduces to £1.25m on 6 April 2014. IP14 will enable...
Introduction Following a consultation on draft provisions at the end of 2012,1 the Government has formally published the Finance (No.2) Bill) (the “Bill”) together with a set ofExplanatory Notes. In this Alert: Key points...
Introduction The European Court has rejected a claim that workplace DB pension schemes in the UK should be exempt from paying VAT on investment management services. In this Alert: Key points Background Appeal to the First Tier Tribunal...
Introduction The draft Finance Bill 2013 was published for consultation on 11 December 2012. The Bill includes a number of measures for pensions, including provisions to implement the changes to pensions tax relief announced in...
Introduction The Chancellor, George Osborne, delivered his Autumn Statement on 5 December 2012. While the Government takes comfort from the latest economic and fiscal outlook,1 believing that it is “on course” to meet its...
Introduction Following concerns raised by the pensions industry, HMRC has issuedguidance clarifying its position on fixed protection and continued life cover. In this Alert: Key points Background Restrictions on fixed protection Why is...
Introduction A threat to fixed protection has emerged from an unexpected source – continued life cover in respect of an individual’s dependants. In this Alert: Key points Background Restrictions on fixed protection Why is...
