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

Master trust draft assurance framework published

Introduction TPR and the Institute of Chartered Accountants of England and Wales (ICAEW) have issued a consultation on a draft independent assurance framework for master trusts. In this Alert: Key points Background Master trusts...

Technical changes to automatic enrolment

Introduction The DWP has published details of certain “Technical Changes to Automatic Enrolment”, to be made following a consultation earlier in 2013 (please see ourAlert dated 28 March 2013). In this Alert: Key points ...

Consultation on TPR’s DC compliance and enforcement policy

Introduction TPR has issued a consultation on its compliance and enforcement policy for occupational DC trust-based schemes, together with its overall strategy for regulating all DC schemes. In this Alert: Key points  TPR’s DC...

Response to consultation on disclosure

Introduction The DWP has published its response to the consultation on the disclosure requirements for occupational and personal pension schemes. In this Alert: Key points  Background Response to consultation Principles based...

Power for trustees to modify bridging pensions

Introduction The DWP has issued regulations (“the Regulations”) which will allow trustees of schemes which provide bridging pensions to modify their scheme, by resolution, to take account of the changes being made to SPA. In...

TPR Publishes New Code of Practice for DC Schemes

Introduction Following a consultation earlier this year1, today, 11 July 2013, TPR has published its new code of practice for trust-based DC schemes (the “DC Code”). The DC Code will apply to trustees of all occupational DC...

Lifetime Allowance – the Government consults on individual protection

Introduction With the LTA set to reduce to £1.25 million in 2014, the Government has published proposals for new protections aimed at giving individuals who have built up pension savings based on the current LTA “greater...