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

The Coalition’s Pension Plan

Introduction The recent General Election has resulted in the first full Coalition Government since 1945. The Queen’s Speech at the State Opening of Parliament on 25 May 2010 outlined the legislative programme set by the Conservative /...

The Road to 2012: Will your scheme qualify?

Introduction Just a few months after the lighting of the Olympic flame in 2012 the marathon implementation of the employer duty of auto-enrolment will also ignite. Just as the athletes are already training in preparation for the big event,...

Scant relief for pensions in Darling’s pre-election Budget

Introduction In his last Budget before the General Election, the Chancellor, Alistair Darling, confirmed the Government’s intention to implement the restrictions on pensions tax relief first announced in the 2009 Budget In this Alert:...

Employer Debt – Seven steps to heaven?

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). In a consultation published in September 2009,1 the Government proposed...

Bridge over Troubled Waters – Protecting DC benefits

Introduction If an underfunded scheme goes into wind-up or enters a PPF assessment period, DC members of hybrid schemes generally expect that their benefits (technically, money purchase benefits1) will be fully protected and will not fall...

Data Protection: New Enforcement Powers!

Introduction The DPA came into force on 1 March 2000. It provides a framework of eight guiding principles that “balance[s] the legitimate needs of organisations to collect and use personal data for business and other purposes against the...

PPF levy deadlines 2010/11

In this Alert: Key points PPF Levy – a quick recap Reducing the risk Deadlines Levy determination The 2011-12 Levy In other PPF news Key points Important deadlines are fast approaching for schemes to submit information for...