Year: 2021

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

Call for evidence on consideration of social risks and opportunities by occupational pension schemes

Introduction On 24 March 2021, the DWP published a call for evidence seeking views on how pension scheme trustees understand social factors, and how they are included in their environmental, social, and governance (“ESG”) policies....

ESG and climate change for pension funds – A guide to trustee disclosures from 2021

Welcome to our latest guide for pension trustees on ESG investment and climate change. We said in our 2020 guide that nothing stands still in the world of ESG, and that remains as true as ever in 2021. This will be our fifth guide for...

7 days – 22 March 2021

7 Days is a weekly round up of developments in pensions, normally published on Monday afternoons. We collate this information from key industry sources, such as the DWP, HMRC and TPR. In this 7 Days Automatic Enrolment (Earnings Trigger...

Incorporating performance fees within the DC charge cap

Introduction Further to an announcement in this year’s Budget (see our Alert), on 19 March 2021, the DWP issued a consultation on proposed measures to allow occupational DC schemes to smooth performance fees within the charge cap, and a...

TPR issues consultation on draft single code of practice

Introduction First announced in 2019 (see 7 Days), TPR published the consultation on its draft code of practice on 17 March 2021. Calling for industry views on its efforts to create “a clearer, more accessible single code of practice”,...

7 days – 15 March 2021

7 Days is a weekly round up of developments in pensions, normally published on Monday afternoons. We collate this information from key industry sources, such as the DWP, HMRC and TPR. In this 7 Days New legislation published Budget...

TPR consults on new criminal sanctions policy

Introduction TPR today published a consultation, which closes on 22 April 2021, on its proposed policy approach towards investigating and prosecuting two new criminal offences being introduced under the Pension Schemes Act 2021: avoidance...

7 days – 8 March 2021

7 Days is a weekly round up of developments in pensions, normally published on Monday afternoons. We collate this information from key industry sources, such as the DWP, HMRC and TPR. In this 7 Days Guaranteed Minimum Pensions Increase...