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

21st Century trusteeship and governance

Introduction As part of its work to examine how trustee boards can meet the challenge of scheme governance in the 21st century, on 22 July 2016, TPR published a discussion paper setting out what it is doing to educate and support trustees...

ICSA consultation: The practice of minuting meetings – Sackers’ response to consultation

Background The Governance Institute is consulting on draft guidance on the practice of minuting meetings. Although not specifically aimed at pension scheme trustees, the guidance will be relevant to trustee boards which are established as...

Persons with significant control regime & corporate trustees

Introduction From 6 April 2016, most companies will be required to identify and record the people or legal entities that own or control them. For a PDF version of this Alert please click here. In this Alert Key points Background What is a...

Data protection essentials

The Data Protection Act 2018, which came into force on 25 May 2018, sets out the framework for data protection law in the UK. It sits alongside and supplements the UK GDPR (which came into effect on 1 January 2021). The UK GDPR sets out...

Contingent Assets: Basics

Contingent assets are assets held outside a pension scheme which the scheme can claim when one or more specified “trigger” events occur (such as the insolvency of the sponsoring employer). They can be useful for trustees and employers...

Consultation: Basics

Under the PA04, employers with more than 50 employees have a statutory duty to consult “affected employees” before making “listed changes” (for example, increasing member contributions). The duty applies to changes made by an...

Consultation: Exclusions

Under the PA04, no consultation is required where: as a result of the consultation on a proposal for cessation of employer contributions there is a further proposal to reduce employer contributions; (occupational pension schemes) as a...