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 The DWP has published a consultation on changes to regulations which affect contracted-out DB schemes and bulk transfers without consent. In this Alert: Key points DB contracting-out Amending contracted-out schemes The...
Introduction The Government expects the introduction of automatic enrolment to lead to the proliferation of dormant DC pension pots. With this in mind, on 15 December 2011, the DWP issued a consultation seeking views on proposals to...
Introduction Following the publication of an industry “code of good practice” on incentive exercises (the “Code”)1 TPR has reviewed and replaced its incentives guidance with a short principles-based statement. In...
Introduction The Finance Act 2012, which received Royal Assent this week1, brings into force legislation on employer-asset backed contributions (ABCs) to occupational pension schemes, aimed at clamping down on arrangements that deliver...
Introduction With the hotly anticipated results of Moody’s ratings review of 17 global banks expected in June, we concentrate on the impact any rating downgrades may have on derivatives arrangements that Trustees have. (Of course,...
Introduction Communication with members is important to get right and, with TPR’s recently published governance survey identifying communication as an area for improvement, there is now renewed impetus to step up a level. The onset...
Introduction In November 2011, Steve Webb, the Pensions Minister, confirmed his intention to “crack down” on bad practice in relation to incentive exercises (“IEs”). To achieve this, he tasked an industry working...
