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 a consultation in autumn 2012,1 TPR has published revised codes and guidance on reporting late payment of contributions to occupational DC (no.5) and personal (no.6) pension schemes (together the...
Introduction The Pensions Bill 2013 (“the Bill”) was published on 10 May 2013. While its main purpose is to implement the new single tier state pension, it also contains several key measures for occupational pension schemes. In...
Introduction TPR published its 2013 annual funding statement on 8 May 2013. This year’s annual statement is relevant for trustees and employers of all DB pension schemes, but is primarily aimed at those who are undertaking valuations...
Introduction The introduction of automatic enrolment is expected to lead to the proliferation of dormant, often small, DC pension pots. The Government intends to address this with a system of automatic transfers to a new employer’s...
Introduction There is growing evidence of a rise in pension liberation schemes and the systematic targeting of vulnerable members. This is not new; such schemes have been around for many years but often become more aggressive during times...
Introduction Following a consultation on draft provisions at the end of 2012,1 the Government has formally published the Finance (No.2) Bill) (the “Bill”) together with a set ofExplanatory Notes. In this Alert: Key points...
Introduction Responding to industry concerns about aspects of automatic enrolment (“AE”), on 25 March 2013 the DWP issued a consultation on proposals to “improve” the process, together with draft...
