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.
The trustees of two schemes sponsored by RSA Group, the Sal Pension Scheme (SALPS) and the Royal Insurance Group Pension Scheme (RIGPS) have concluded a buy-in with Pension Insurance Corporation (PIC), insuring in total c£6.5bn of liabilities and covering the pensions of 40,000 members. RSA Group is a wholly owned subsidiary of Intact Financial Corporation....
Royal Mail Pension Plan (RMPP) has selected BlackRock to manage its £8.8bn pension scheme assets as an outsourced chief investment officer (OCIO). The transfer of staff and assets completed on 1...
Senior counsel Emma Martin has contributed an article to Redington’s first Future of Retirement Income publication, which captures the complexities faced by DC savers nearing and in retirement....
We are pleased to announce the hiring of a new associate, Sophia Russell. Her arrival takes the total number of qualified lawyers at Sackers to 63. David Saunders, senior partner at Sackers, said:...
As buy-out volumes look set to beat all records in 2023, Stuart O’Brien was asked by Pensions Expert for his views on how to make sure that a scheme is enticing to insurers. You can read the full...
Today, Sackers announced that Eisha Lal and Mollie Kilfoyle have joined the firm as Graduate Solicitor Apprentices. David Saunders, senior partner, said: “Historically, the route to becoming a...
Many trust-based pension schemes have a rule that allows or requires the scheme to extinguish a person’s entitlement to benefits after a certain time limit (often six years). The law around using...
Janet Brown comments in Pensions Expert’s article on the DB funding code of practice. TPR’s new rules aim to move DB schemes towards targeting full funding and low risk investment by the...
In an article for Professional Pensions, associate Katie Whitford highlights the growing pressure on smaller DC schemes to consolidate. Taking the decision to consolidate requires careful thought and...
