Tag: Transfers

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

What does the future look like for pension transfers?

DWP’s recent consultation on proposals to amend the transfer regulations has been eagerly anticipated within the pensions industry. It is no secret that the current regulations are overly restrictive in places and do not necessarily...

DWP consultation on Proposals to Amend the Occupational and Personal Pension Schemes (Conditions for Transfers) Regulations 2021

Background On 9 June 2026, the DWP published a consultation on proposals to amend the Occupational and Personal Pension Schemes (Conditions for Transfers) Regulations 2021 (the “Regulations”). In this response Responses to specific...

DWP consults on changes to the Conditions for Transfers Regulations

Introduction Setting out “targeted measures to address the risk of fraud”, on 9 June 2026 the DWP published a consultation on proposals to amend the Occupational and Personal Pension Schemes (Conditions for Transfers) Regulations 2021...

Stronger Nudge to pensions guidance

Introduction On 17 January 2022, the DWP published its response to the July 2021 consultation, together with final regulations, on proposals to implement a “Stronger Nudge” to pensions guidance. Click here for a PDF of this Alert. In...

Transfers – top tips for trustees

New regulations (with accompanying regulatory guidance from TPR) came into force on 30 November introducing significant changes to the statutory transfer regime, to empower trustees to halt suspicious transfers. Whilst administration is...

Are you ready? The new statutory transfer regime

New regulations came into force on 30 November introducing significant changes to the statutory transfer regime. Whilst administration is clearly important to the transfer process, this isn’t just an admin issue and trustees will need to...

Combatting pension scams – new conditions on transfers

Introduction On 8 November 2021, regulations designed to protect savers against pension scams were laid before Parliament, alongside new TPR guidance to help guide trustees, pension managers and administrators through the new requirements....

GMP equalisation and past transfers out – the High Court decides

Introduction Over two years on from its original decision, on 20 November 2020, the High Court handed down its judgment in the latest instalment of the Lloyds saga. It addresses the impact of the need to equalise for the effect of GMPs on...