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 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...
Introduction Over two years on from its original decision, on 20 November 2020, the High Court handed down its judgment in the latest instalment of the Lloyds saga. It addresses the impact of the need to equalise for the effect of GMPs on...
Introduction On 12 November, TPR published guidance for trustees of all DB schemes, encouraging them to prepare now for the possibility that their sponsoring employer could face financial difficulties in the future. Trustees should also be...
Introduction On 21 October 2020, TPR published guidance for trustees and employers contemplating a transfer to a DB consolidator superfund (or other new model). The guidance sets out TPR’s approach to regulating such transfers, and its...
Introduction On 11 September 2020, the DWP published its response to the February 2019 consultation, “Investment Innovation and Future Consolidation” (“the 2019 Consultation”). The response includes a further consultation on...
Introduction On 26 August 2020, the DWP published a consultation on pension schemes’ governance and reporting on climate change. Initially, the proposed changes will be targeted at larger schemes, which will need to comply from October...
Introduction Expedited as a result of the COVID-19 pandemic, the Corporate Insolvency and Governance Act 2020 (“the Act”) received Royal Assent on 25 June 2020. The Act is designed to provide businesses in financial difficulties with...
Introduction On 25 June 2020, the DWP published a call for evidence seeking views on the effectiveness of costs, charges and transparency measures in protecting pension member outcomes (“the Call for Evidence”). This Call for Evidence,...
