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

Revised DC Code comes into force

Introduction TPR’s revised code of practice on the governance and administration of occupational trust-based schemes providing money purchase benefits (“the Code”) came into force on 28 July 2016.  To coincide with this, TPR has...

21st Century trusteeship and governance

Introduction As part of its work to examine how trustee boards can meet the challenge of scheme governance in the 21st century, on 22 July 2016, TPR published a discussion paper setting out what it is doing to educate and support trustees...

What next for UK pensions after Brexit?

Introduction On 23 June 2016, the UK voted to leave the EU by 52% to 48%. Whilst Britain, the EU and the rest of the world come to terms with what this might mean going forwards, we look at some of the questions now facing trustees and...

Capping early exit charges for members of occupational pension schemes

Introduction On 26 May 2016, the DWP published a consultation on capping early exit charges for members of occupational pension schemes (“the Consultation”) that contain “flexible benefits”. With the aim of ensuring that all...

TPR’s 2016 funding statement

Introduction TPR has published its annual funding statement for 2016. Although relevant to trustees and employers of all DB pension schemes, it is primarily aimed at those carrying out valuations with effective dates in the period from 22...

Brexit? How the referendum could affect UK pensions

Introduction On 23 June 2016, those eligible will be able to vote on the question “Should the United Kingdom remain a member of the European Union or leave the European Union?”. In the event that the UK does vote for “Brexit”, what...

Creating a secondary annuity market

Introduction The Government has published three consultations in connection with the proposed secondary market for annuities (“the New Market”). For a PDF version of this Alert click here. In this Alert Key points Background...