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

Recovery of overpayments

The High Court’s recent judgment in CMG Pension Trustees Limited v CGI IT UK Limited [2022] EWHC 2130 (Ch) (CMG) has practical impact for pension schemes seeking to recoup overpayments made to members. Amy Difford’s article in Solicitors Journal explores some of the key implications while noting it might not be the final word in this challenging area. You...

Pensions trends in 2023 – ESG

Heading into the new year, trustees of occupational pension schemes will need to think about their environmental, social and corporate governance duties. In Employee Benefits, David Saunders points...

Baby it’s getting warm outside

Since the introduction of the Pension Schemes Act 2021 and the climate-related governance and reporting regulations that followed, more schemes are falling into the scope of TCFD reporting...

Project management
Sackers advises Coats UK Pension Scheme on its £350m bulk annuity buy-in transaction with Aviva

The buy-in secures the defined benefit pension liabilities of around 3,700 members of Coats’ UK Pension Scheme, removing investment and longevity risk while ensuring benefits and the way they are...

Moving to a professional corporate sole trustee

There has been a considerable rise in the number of pension schemes appointing a professional corporate sole trustee in recent years, and that trend is set to continue. That’s not to say that the...

Sackers advises on master trust consolidation

Sackers is advising on the consolidation of the Ensign Retirement Plan (a not-for-profit master trust for the maritime industry) into Smart Pension Master Trust. The Ensign Retirement Plan has 57...

Survey shows lack of legislation is major stumbling block for schemes

Today we have announced the results of our most recent webinar survey, which clearly demonstrate that, for most schemes, work has yet to start when it comes to getting dashboard ready. Oliver Topping...

Pensions Dashboards – revised standards published

On 21 November 2022, the Pensions Dashboards Programme (“PDP”) published its response to its consultation on draft standards, along with an updated suite of standards. Click here for a PDF...