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

TPR consults on new criminal sanctions policy

Introduction TPR today published a consultation, which closes on 22 April 2021, on its proposed policy approach towards investigating and prosecuting two new criminal offences being introduced under the Pension Schemes Act 2021: avoidance...

Budget Day 2021

Introduction Rishi Sunak delivered his much trailed second Budget today. Much of his focus was of course on helping the economy bounce back in these “unprecedented” times, by protecting jobs and livelihoods. Measures designed to...

PASA publishes GMP equalisation tax guidance

Introduction The latest addition to PASA’s suite of GMP equalisation guidance notes was published yesterday, the highly anticipated tax guidance (“the Guidance”). Click here for a PDF of this Alert. In this Alert Key points...

Pension Schemes Act 2021 – the dawn of a new regulatory era?

Introduction Several years in the making, the Pension Schemes Act (“the Act”) finally received Royal Assent on 11 February 2021. Key elements of the new Act include beefing up TPR’s powers, changes in relation to scheme funding, and...

The 2021/22 PPF Levy Determination

Introduction On 26 January 2021, the PPF published its final levy rules for the 2021/22 levy year. Click here for a PDF of this Alert. In this Alert Key points Brexit – overseas guarantors Other changes COVID-19 The Corporate Insolvency...

Consultation on climate change regulations and guidance

Introduction On 27 January 2021, the DWP published its response to the August 2020 consultation, “Taking action on climate risk: improving governance and reporting by Occupational Pension Schemes” (see our Alert), together with a...

Reform of RPI

Introduction On 25 November 2020, HMT and the UK Statistics Authority (“UKSA”) published their response to this year’s consultation on the reform of RPI. Click here for a PDF of this Alert. In this Alert Key points Background How RPI...