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

A stronger Pensions Regulator – the Government responds

Introduction On 11 February 2019, the Government published a response to its consultation on bolstering TPR’s powers which it believes will help TPR “to meet [its] ambition to be ‘clearer, quicker, and tougher’”. Click here for a...

The 2019/20 PPF levy determination

Introduction On 12 December 2018, the PPF published its final levy rules for the 2019/20 levy year. Click here for a PDF of this Alert. In this Alert Key points Commercial consolidators GMP equalisation and insolvency risk scores...

DWP consults on DB consolidation vehicles

On 7 December 2018, the DWP published its latest consultation promised by this year’s White Paper (see our Alert), setting out its proposals for a new legislative framework for authorising and regulating DB “superfund” consolidation...

Consultation: delivering CDC schemes

Introduction On 6 November 2018, the DWP published its consultation on “Delivering collective defined contribution pension schemes”. Click here for a PDF of this Alert. In this Alert Key points History of CDC What is a CDC scheme? New...

The High Court decides – how to solve a problem like GMP equalisation

Introduction The High Court handed down its highly anticipated decision in Lloyds Banking Group Pensions Trustees Ltd v Lloyds Bank plc and others on 26 October 2018, concluding that benefits do need to be equalised for the effect of GMPs....

IORP II – green light for good governance

Introduction On 23 October 2018, the DWP published two sets of regulations designed to implement the second European Pensions Directive (“IORP II”) – the Occupational Pension Schemes (Governance) (Amendment) Regulations 2018 (“the...

The 2019/20 PPF levy consultation

Introduction The PPF has published a consultation and draft levy rules which set out the basis on which it intends to charge the pension protection levy for the 2019/20 levy year. Click here for a PDF of this Alert. In this Alert Key...