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 Pensions Act 2008 enhanced TPR’s anti-avoidance powers by enabling it to impose a CN, in certain circumstances, where an act or failure to act has a materially detrimental effect on the likelihood of members’ benefits being...
In order to protect the benefits of pension scheme members and to ensure that pension liabilities are not avoided or unsupported, the PA04 gave TPR the power to issue: contribution notices (requiring payment to be made into a scheme);...
Since A-Day (6 April 2006) payments by registered occupational pension schemes are categorised as either authorised or unauthorised member or employer payments. Tax relief is given in respect of retirement saving in a registered pension...
The Pensions Ombudsman has published its first determination of a case relating to “pension liberation” or “pension scams”. The case concerns an individual who was persuaded to transfer out of their employer’s pension scheme and...
In scope of the default fund charge cap on member-borne deductions. All member-borne deductions relating to scheme and investment administration paid to the pension provider or other third party Set-up fees Scheme-level entry fees; both on...
Each UK occupational pension scheme must comply with the cross-border provisions of the PA04 which transposed the requirements of the European Pensions Directive into UK law. The cross-border provisions were designed to protect members of...
The Supreme Court handed down its judgment in the joined cases of Futter v Futter and Pitt v Holt on 9 May 2013. These cases are important for the development of trusts law, including pensions. Background The facts of both cases...
