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

New anti-money laundering regulations in force

Introduction The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (“the Regulations”) came into force on 26 June 2017. They implement the requirements of the EU’s Fourth Money...

General Election 2017: Party policies on pensions

Introduction A snap election means less time for political parties to focus on their policies than they may have liked. So it is perhaps unsurprising that a complex subject like workplace pensions is getting relatively little air time this...

Getting ready for the GDPR: countdown to 25 May 2018

Introduction A major shake-up of European data privacy laws is on the horizon, with the General Data Protection Regulation (GDPR) coming into force on 25 May 2018. And with just 12 months to go, the clock is now ticking for trustees,...

2017 funding statement – TPR gets tough

Introduction TPR published this year’s annual funding statement on 15 May 2017. While primarily aimed at those carrying out valuations with effective dates in the period 22 September 2016 to 21 September 2017, it is relevant to all DB...

Pension Schemes Act 2017 – new regulatory regime for master trusts

Introduction The Pensions Schemes Bill 2017 (“the Bill”) received Royal Assent on 27 April 2017 and is now the Pension Schemes Act 2017 (“the Act”). The Act’s primary aim is to provide for the greater regulation of master trusts....

DWP consults on new employer debt option for multi-employer schemes

Introduction Back in 2015, the DWP issued a call for evidence (“the Call for Evidence”) in response to concerns about how the employer debt regime operates for employers in non-associated multi-employer schemes.  Seeking to address...

Consultation on the third PPF levy triennium

Introduction The PPF is consulting on how it intends to develop the PPF levy for the next three year period, or triennium, which starts in 2018/19. For a PDF version of this Alert click here. In this Alert Key points PPF-specific model...