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

Sackers advises National Grid on £800m buy-in with Rothesay Life

The National Grid UK Pension Scheme announces its £800m buy-in with Rothesay Life. This transaction along with a £2.8bn buy-in last year secures the benefits of 800,000 members. Sackers has advised the trustees of the scheme for many years and provided full support to the Trustee to enable them to complete the buy-in. Ralph McClelland,...

Emma Martin writes in Pensions Expert on the pressure on small DC schemes to consolidate

Emma Martin, associate director, has written in Pensions Expert on the trend towards consolidation in the DC industry, which has been accelerating during the coronavirus pandemic. She also comments...

Joanna Smith comments on funding negotiations in uncertain times

Joanna Smith, Partner says trustees will need to accurately identify if covenant issues are short-term affordability concerns, or the start of more material deterioration. Read the full article in...

Stuart O’Brien joins Pensions Expert’s DC Debate

Stuart O’Brien, partner joins Pensions Expert’s DC Debate. Providers and experts are asking how they can make a meaningful impact with their sustainable investment strategies, and how to...

Jacqui Reid discusses value and costs for Independent Governance Committees

Jacqui Reid, Partner comments on the Regulator’s proposed common definition of value for money in relation to Independent Governance Committees (IGC’s).  While many are sure they know...

Peter Murphy comments on Chappell facing fourth bankruptcy to pay BHS contributions

Peter Murphy, Partner comments on the former BHS owner Dominic Chappell potentially facing his fourth personal bankruptcy in order to pay £9.5m of contributions owed to the failed retailer’s...

Oliver Topping discusses the journey for pensions dashboards in Employee Benefits

Oliver Topping, senior associate comments on recent updates from the Pensions Dashboards Programme (PDP) which has set out a timeline for bringing dashboards online from 2023 onwards. While there is...