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 With the standard LTA reducing to £1.25 million from its current level of £1.5 million from 6 April 2014, individuals with existing pension savings who have not already done so should consider now whether to apply...
Introduction Having been expected to give pensions a wide berth, George Osborne’s fourth Budget as Chancellor (delivered on 19 March 2014) heralded some significant changes for DC schemes aimed at generating flexibility for members...
Introduction Revised disclosure regulations (“the new regulations”) will come into force on 6 April 2014. In this Alert: Key points Background The new regulations What’s new? Action Key points The new disclosure regulations...
Introduction The PPF’s levy determination for 2014/15 was published in December 2013. In this Alert: Key points Contingent Assets Re-characterisation of money purchase benefits Key dates Action Looking further ahead Key points From...
Introduction On 10 December 2013, the Government published the draft Finance Bill 2014(“the Bill”). The Bill includes provisions which will introduce a new form of transitional protection from a potential LTA charge, to be known...
Introduction Pensions are once again headline news, as the Chancellor announced in theAutumn Statement on 5 December 2013 measures that will see faster increases in SPA. But aside from a number of changes to the state pension, the...
Introduction TPR published its promised consultation on DB scheme funding on 2 December 2013, setting out the principles for DB funding and how TPR plans to regulate it. A new code of practice and other documents look forward to the new...
