What does the future hold for defined contribution?

The only certainty in the pensions industry (in my experience anyway) is that there is no such thing as a quiet year. Now that the dust has settled on the Spring Budget tax changes, it is an opportune time to look at what the future might...

Welcome on board! – some obvious, and some less obvious, reasons why it’s...

Everyone knows that pensions are really complicated, right? Joining a trustee board for the first time therefore can, understandably, be pretty daunting. If you are thinking about applying to become a trustee, have just agreed to take on...

Pride: Gimme! Gimme! Gimme! (more workplaces like Sackers)

Gay Pride means a lot of different things to me, but one of the most important is the impetus that it gives me each year to pause and reflect.  Often, I think about the LGBTQ+ community’s past struggles for equality which have allowed...

DWP set to review the transfer conditions regulations

DWP’s self-imposed deadline for a review of the 2021 transfer conditions regulations has passed and their report could be published any day now. In readiness for this, we’ve set out our thoughts as to how the new regime has been...

How are you feeling? – (yes, you did hear me right)

Describe the qualities commonly associated with being a lawyer. I bet “caring” isn’t one of them. Now think of the questions you imagine a lawyer is likely to ask. “How are you feeling?” won’t be on the...

Scheme surpluses – potential concerns for employers and trustees

Many pension schemes have recently experienced substantial reductions in their funding deficits, which means schemes are looking to secure some or all of their liabilities with insurers. From an employer perspective, the decrease in the...

New DB funding code – it’s all about the journey

The key to all good sagas is a little longevity. A fast start, plenty of meandering and then a crescendo finish. Something like that, anyway. Take the new DB funding regime. The idea of tougher standards was catapulted into pensions...

What’s changing on 6 April?

  It’s been hard to miss that pensions was a key area in the Spring Budget, but in all the excitement, it can be easy to lose track of exactly what’s changing.  So here is a quick recap of those changes, along with a reminder of...