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.
Introduction Following recent legislative changes, HMRC wrote to overseas pension schemes asking them to confirm whether they continue to meet the requirements to be a “Qualifying Recognised Overseas Pension Scheme” (QROPS). With the...
Introduction Subject to certain exceptions, on and from 6 April 2015 new governance standards apply to all occupational DC schemes and the DC elements of hybrid schemes (see our Alert for details). Trustees are now required to include an...
Introduction With a week to go before the General Election, representatives of all political parties are criss-crossing the country in search of votes. But with polls too close to call, it is virtually impossible to know how the pensions...
Introduction The Finance Act 2015 received Royal Assent on 26 March 2015. The Act extends the new rules for taxing pensions and lump sums on death, as announced in the Autumn Statement 2014. In this Alert Key points Background Annuities...
Introduction George Osborne, the Chancellor of the Exchequer, used the last Budget of this Parliament to extend the new DC retirement freedoms to around 5 million people who have already bought an annuity. The other pensions headline is...
Introduction The Pension Liberation Industry Group published a Code of Good Practice on Combating Pension Scams on 16 March 2015. The Code, which is aimed at trustees, administrators and providers, sets out the steps to be taken when...
Introduction The PPF is concerned that schemes have been misreporting their structure. For this reason, all schemes that have identified themselves as last man standing (LMS) in their latest scheme return will receive an email from TPR,...
