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

Dashboards – TPR publishes guidance and launches “deadline” campaign

Introduction On 22 June 2022, TPR published its initial guidance to help trustees prepare for dashboards.  In an accompanying press release, TPR launched its “deadline” campaign, urging trustees to take “action now” to ensure they...

Response to consultation on changes to climate and investment reporting

On 17 June 2022, the DWP published its response to its October 2021 consultation which sought views on proposals to require trustees of larger occupational pension schemes, authorised master trusts and authorised collective money purchase...

Call for evidence – Helping savers understand their pension choices

Introduction The DWP published a call for evidence on 14 June 2022 to explore what support members of pension schemes need to help them make informed decisions about how to use their savings. It will also seek to understand what support...

Trustee oversight of investment consultants and fiduciary management – DWP response to consultation

Introduction On 6 June 2022, the DWP published the long awaited response to its consultation on trustee oversight of investment consultants and fiduciary managers, along with draft regulations (the “Regulations”), which are intended to...

TPR publishes annual funding statement 2022 in “turbulent times”

Introduction TPR’s latest annual funding statement was published on 27 April 2022.  As you would expect, TPR focuses on the current period of “significant economic uncertainty” and how this may impact schemes.  The statement...

HMRC publishes GMP equalisation guidance on historical transfers and conversion

Introduction On 6 April 2022, HMRC released further guidance on some of the pensions tax issues associated with equalising benefits for the effect of GMPs. The guidance focuses specifically on tax issues arising in respect of correcting...

Facilitating investment in illiquid assets by DC schemes

Introduction On 30 March 2022 the DWP published a consultation seeking views on proposals and draft regulations to improve the accessibility of illiquid assets for DC pension scheme investment. Click here for a PDF of this Alert. In this...