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 The latest DWP consultation1 revisits the disclosure requirements for occupational and personal pension schemes, with a view to harmonising the requirements where possible and updating them in line with changes in...
Introduction On 25 January 2013, the Government took the first steps along the road to making possible changes to the DB scheme funding regime by issuing “A call for evidence” relating to the “smoothing” of assets...
Introduction On 10 January 2013, TPR published a consultation on a new code of practice (the “Code”), regulatory guidance (the “Guidance”) and regulatory approach relating to the administration and governance of...
Background TPR published draft guidance on transfer incentives for consultation on 13 July 2010. We use the term “transfer incentives” in line with the way it is used in the draft guidance. That is, as a broad term for the practice...
Background The draft “Guidance on monitoring employer support: covenant, contingent assets and other security”, published on 15 June 2010, draws together a number of strands from TPR’s existing publications with a specific focus on...
Introduction Concerned by their increase in popularity, TPR has issued for consultation draft guidance on transfer incentives.1 It builds on the 2007 guidance on Inducement Offers2 and aims to strengthen TPR’s position. An inducement...
In this Alert: Key points What is the employer covenant? Whose covenant should the trustees assess? Assessing the employer covenant? Monitoring Contingent Assets Key points TPR has produced draft guidance1 for trustees on how to monitor...
