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 highly anticipated ECJ decision in the Test-Achats case1 was published yesterday. The case challenged the validity of an exemption in a European Directive2 (the “Directive”) which permits insurers to use sex as a...
Introduction What is a PIP? A “pension input period” (PIP)1 is used to assess annual increases in the value of members’ pension savings for the purpose of testing against the AA. Increases are measured against the AA for the tax...
Introduction Since the introduction of the new court rules on disclosure for all court proceedings starting after 1 October 2010, parties must specifically address disclosure of any relevant documents held in an electronic form (also known...
Introduction Published on 13 January 2011, the Pensions Bill (the “Bill”) deals with several of the changes to pensions policy announced by the Coalition Government last year; primarily the increase in SPA, amendments to the automatic...
Introduction Despite calls to delay implementation of its proposals, on 13 January 2011 the Government confirmed that the DRA will be phased out between 6 April and 1 October 2011. In this Alert: Key points Timing Impact on occupational...
Introduction The New Year brings with it the introduction of new tax measures for pension schemes. But with 6 April 2011 fast approaching, some schemes may still need to contend with the ‘old’ tax changes. In the first of a series of...
Introduction When the Government published its final plans for restricting pensions tax relief on 14 October 20101, the headline issue was the significant reduction in the AA from £255,000 to £50,000 from the tax year 2011/12. However,...
