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

Public Sector Newsletter

Introduction Sackers’ Public Sector Unit has wide experience of working with organisations on the complex legal and compliance issues that face public sector schemes and broadly comparable “passport” schemes. In this...

The Bribery Act 2010

Introduction With the law in this area long overdue a revamp, the Bribery Act 2010 (the “Act”) is set to modernise the criminal law of bribery, providing a consolidated scheme of offences which cover bribery both in the UK and abroad....

A State Pension for the 21st century?

Introduction With the ultimate aim of providing “a better foundation for saving”, in its latestGreen Paper, the DWP sets out proposals for overhauling the state pension system. The consultation closes on 24 June 2011. In this Alert:...

The Finance Bill rides again

Introduction The third Finance Bill of the 2010/11 Parliamentary session was formally published on 31 March 2011, and will ultimately implement the Coalition Government’s plans for restricting pensions tax relief which were first...

To the Budget 2011… and beyond!

Introduction Changes to pensions tax relief have been headline news since the former Labour Government first announced restrictions in April 2009. Since then, proposals for limiting relief have undergone significant changes, culminating in...

Hutton recommends new career average scheme

Introduction Lord Hutton’s Final Report (the “Report”) which sets out his proposals for the reform of public service pension schemes was published today. Although it contains few surprises, a new career average (CARE) scheme for...

Annual Allowance charge payment option confirmed

Introduction The reduced AA of £50,000 from the tax year 2011/12 will inevitably affect a greater number of pension savers than the current AA of £255,000. Following aconsultation1 in the autumn, the Government has now set out how...