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Defined Contribution

Sackers' DC Team draws together firm-wide experience to provide practical and specialist help in relation to this growing area of pension provision.

Defined Contribution (DC) arrangements already form an integral part of many pension schemes, such as in hybrid arrangements or in the form of additional voluntary contributions, and look set to be the UK’s principal form of pension for the future. Whilst the shift towards DC pension provision may have removed much of the uncertainty surrounding funding and costs, it has produced its own set of unique challenges for trustees, employers and members alike.

We have extensive, practical experience of how trustees and employers are addressing the legal and regulatory issues they face in relation to both trust and contract-based DC schemes. This expertise is drawn together by our DC Team, a group of lawyers that focuses our firm-wide experience to ensure all clients benefit from the latest thinking in this increasingly important area of pensions law.