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 On 28 July 2010, the DWP published a consultation on draft regulations in connection with the proposed abolition of DC contracting-out. The draft regulations are designed to implement certain consequential amendments to give...
Introduction In the Coalition Government’s emergency Budget on 23 June 20101, the Chancellor, George Osborne, announced a review of the former Labour administration’s plans2 to restrict tax relief on pension savings for high earners....
Introduction Concerned by their increase in popularity, TPR has issued for consultation draft guidance on transfer incentives.1 It builds on the 2007 guidance on Inducement Offers2 and aims to strengthen TPR’s position. An inducement...
Introduction In June’s Emergency Budget the Coalition Government announced it intended to use the Consumer Prices Index (CPI) rather than the Retail Prices Index (RPI) as the measure for applying increases (both in deferment and to...
Introduction Public sector pensions are firmly in the spotlight this summer, with the Hutton Commission charged by the Government with reviewing public sector pension provision.1 In this alert we focus on two other recent developments –...
Introduction When a company exits an underfunded multi-employer DB scheme, its share of any deficit generally becomes a debt due to the trustees (“the employer debt” or “section 75 debt”). Since September 2005, the...
Introduction Under the Age Regulations, it is lawful for an employer to dismiss an employee aged 65 or over by reason of retirement, this is known as the default retirement age (DRA). The DRA has been under threat ever since the High...
