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.
Introduction On 25 July 2024, in the case Virgin Media v NTL Pension Trustees II Limited (and others), the Court of Appeal upheld the High Court’s 2023 decision on the correct interpretation of historic legislation governing the...
Introduction TPR’s latest annual funding statement was published on 24 April 2024. With the majority of schemes estimated to have improved funding positions, and in light of the Mansion House reforms announced in the year since the last...
Introduction Ahead of the LTA’s removal on 6 April 2024 (“LTA-Day”), HMRC’s latest newsletter was published on 4 April 2024 (“Newsletter 158”). Crucially, HMRC states that certain members may wish to delay transferring or...
Introduction Several changes are coming into effect on and around 6 April 2024 and beyond. Where necessary, trustees and employers should seek advice on what those changes mean for their schemes and on any preparatory steps they should be...
Introduction The DWP published its Pensions dashboards: guidance on connection on 25 March 2024 (“the Guidance”). The Guidance sets out a staged timetable for occupational pension schemes and personal and stakeholder pension providers...
Introduction 6 April 2024 (“LTA-Day”) will mark the end of the LTA and the introduction of new allowances, the “lump sum allowance” (“LSA”) and the “lump sum and death benefit allowance” (“LSDBA”). In this Alert we look...
Introduction The Chancellor, Jeremy Hunt, delivered his Spring Budget 2024 today. Following last year’s announcements of major pensions tax changes, the pensions news this year centres on long-term growth and the further evolution of the...
