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 19 November 2013, TPR published new guidance on asset-backed contributions (ABCs). These are also commonly referred to as asset-backed funding (or special purpose vehicle) structures and pension funding partnerships...
Introduction TPR’s code of practice for trust-based DC pension schemes (the Code) came into force on 21 November 2013. To coincide with the Code coming into effect, TPR has issued final versions of its compliance and enforcement policy...
Introduction On 22 October 2013, the Law Commission published a consultation paper on the fiduciary duties of investment intermediaries. BIS and the DWP had asked the Law Commission to investigate how the law of fiduciary duties applies...
Introduction On 7 November 2013, the DWP unveiled its plans for “Reshaping workplace pensions for future generations”. The consultation, which follows the DWP’s November 2012 paper on Reinvigorating workplace pensions (see...
Introduction The DWP has published a consultation paper on reclassifying DC benefitsfollowing the Bridge Trustees case. The Supreme Court’s July 2011 decision in the Bridge Trustees concluded that it was possible for certain...
Introduction The OFT’s market study published in September 2013 found that competition alone cannot be relied upon to drive value for money for all savers in DC workplace pensions, because of weakness on the buyer side of the market...
Introduction Pension liberation continues to be a major focus for pension scheme trustees faced with transfer requests from members wishing to move their assets from their current workplace pension scheme to another arrangement. The...
