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 It has been announced today that the Finance Act 2011 received Royal Assent on 19 July 2011. The Act brings onto the statute books significant changes to pensions tax relief, including legislation to reduce the AA with effect...
Introduction Changes introduced by the Finance Act 2011 are set to remove the requirement for individuals with DC funds to secure an income by age 75. In addition, NEST is just around the corner and TPR’s focus is on promoting higher...
Introduction Despite several changes over the years, many still consider that the Employer Debt Regulations1 unnecessarily inhibit corporate activity, in particular the ability of companies to restructure in response to economic changes....
Introduction The Government has published its response to consultation on the switch from RPI to CPI for increases to pensions in payment and revaluation in deferment. Its December 2010 consultation followed announcements last summer...
Introduction Following a trailer in this year’s Budget,1on 24 May 2011 the Government issued a consultation on changing the tax rules relating to employer asset-backed contributions to DB pension schemes. In this Alert: Key points...
Introduction The EU’s proposed legislation on OTC derivatives hit the headlines again on Tuesday when the European Parliament’s EAC approved the Commission’s proposals. The proposed legislation originated with concerns about the...
Introduction The decision in Re: Hastings-Bass1 led to the development of a trust law principle that, it was thought, allowed certain decisions by trustees to be unscrambled on the basis that they had unintended (often tax) consequences....
