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

Consultation on changes to DC bulk transfers without consent

Introduction Recognising that the current legislation’s drafting is causing problems in practice, the DWP has issued a consultation to seek views on draft regulations (“the Regulations”) to simplify requirements for DC to DC bulk...

DWP consults on the disclosure of costs, charges and investments in DC occupational schemes

Introduction On 26 October 2017, the DWP launched a consultation seeking views on the policy and proposed regulations for how costs and charges information should be published and made available to members; and for members to request...

Prevention of Financial Crime – Action points for Trustees

Introduction This year has seen the introduction of several new measures to prevent financial crime, specifically money laundering and tax evasion. All trustees need to take action to comply with the record-keeping requirements of the...

Consultation on the third PPF levy triennium

Introduction The PPF has confirmed that it will implement the majority of the proposals it consulted on earlier this year for third levy triennium (see our Alert) and is now seeking views on a small number of additional proposals as well...

FCA publishes Policy Statement on transaction cost disclosure in workplace pensions

Introduction On 20 September 2017 the FCA published Policy Statement 17/20, on “Transaction cost disclosure in workplace pensions”. Click here for a PDF version of this Alert. In this Alert Key points Background Facilitating the...

Data Protection Bill 2017

Introduction The Data Protection Bill promised by the Department for Digital, Culture, Media & Sport (DDCMS) was introduced to the House of Lords on 13 September 2017. One of the main aims of the Bill is to make the UK’s data...

Getting ready for the GDPR: the data protection principles

Introduction The General Data Protection Regulation (GDPR) will introduce significant changes to data protection requirements from 25 May 2018. Whilst the data protection principles are broadly similar to those under the Data Protection...