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

Extension of the ban on member-borne commission

Introduction Following the publication of the Government’s response to consultation earlier this year, regulations to implement the second phase of the member-borne commission ban will come into force with effect from 1 October 2017. For...

New measures to tackle pension scams

Introduction The DWP and HMT have issued the response to their joint consultation on a package of measures aimed at tackling three different areas of pension scams: cold calling, pension transfers, and the inappropriate use of single...

Court of Appeal decision in IBM v Dalgleish and others

Introduction On 3 August 2017, the Court of Appeal published its long-awaited judgment in the IBM case. The key issue to be decided was whether, in implementing its pension proposals, IBM was in breach of the implied duty of good faith....

Auto-enrolment update

Introduction It is almost five years since the first employers began automatically enrolling eligible workers into qualifying pension savings. This Alert is intended to get you up to speed with recent developments in auto-enrolment...

Walker v Innospec – Supreme Court judgment

Introduction On 12 July 2017, the Supreme Court handed down its judgment in the case of Walker v Innospec Limited. In a landmark ruling, it overturned the Court of Appeal’s 2015 judgment, and unanimously agreed that Mr Walker’s husband...

Response to consultation on safeguarded benefits and the advice requirement

Introduction On 6 July 2017, the DWP published a response to its autumn 2016 consultation (see our Alert) on valuing pensions for the advice requirement and introducing new consumer protections. For a PDF of this Alert click here. In this...

FCA publishes final report into asset management sector

Introduction On 28 June 2017, the FCA published the final findings of its asset management market study.  The FCA launched the market study in November 2015, to assess whether institutional and retail investors get good value for money...