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 On 5 March 2015, TPR published a new draft essential guide which aims to help pension scheme trustees communicate with their members about the impact and possible risks of their DC retirement choices. In this Alert Key points...
Introduction On 4 March 2015, the DWP published a response to the consultation on the Occupational Pension Schemes (Power to Amend Schemes to Reflect Abolition of Contracting-out) Regulations (“the Response” and “the Regulations”...
Introduction The Pension Schemes Act 2015 (the “Act”) received Royal Assent on 3 March 2015. Originally designed to introduce a framework for defined ambition (DA) (see our Alert), these provisions are now somewhat overshadowed by...
Introduction With the Government’s reforms allowing DC pension savers greater freedom and choice over their retirement options due to come into force from 6 April 2015, the DWP has published a further set of draft regulations designed to...
Introduction The Merchant Navy case concerned an application by the trustee (the “Trustee”) of the Merchant Navy Ratings Pension Fund (the “Scheme”) for approval of an amendment to the Scheme to introduce a new deficit repair...
Introduction With Government reforms allowing DC pension savers greater freedom and choice over their retirement options set to come into force on 6 April 2015, the DWP has published three sets of draft regulations which will make a number...
Introduction HMRC has published draft legislation and explanatory notes on pension flexibility and annuities for a technical consultation. The new provisions are designed to ensure that payments of annuities to beneficiaries can be made...
