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

TKU – updating the knowledge

Like London cabbies, in order to be roadworthy occupational pension scheme trustees must do “The Knowledge” by demonstrating that they have trustee knowledge and understanding (TKU) of pensions and trusts. They must likewise be...

Calm in the eye of the storm

As the current turbulence in the financial markets unfolds, occupational pension schemes are in for a bumpy ride over the next few months. Schemes which had exposure to Lehman (either through equity or bond investments or as counterparty)...

Conflicts Guidance – the high five survives

Following consultation, the Pensions Regulator published its final conflicts of interest guidance for trustees on 1 October 2008. The final version bears a striking resemblance to the draft guidance, with the five high level principles for...

Default retirement age – here to stay?

The Advocate General (AG) of the European Court of Justice (ECJ) has delivered his opinion – the first stage towards a judgment in the highly anticipated Heyday case. The case challenges provisions under the Age Regulations which...

GMP conversion – the facts

Amendments made to the Pension Schemes Act 1993 by the Pensions Act 2007, included a facility to allow contracted-out occupational pension schemes to convert members’ Guaranteed Minimum Pensions (GMPs) into ordinary scheme benefits....

Employment Unit Focus

Maternity leave – is it all pensionable? What changing administrators might not change the people administrating the scheme. Full benefits for civil partners?  Download...

Beware – proposed extension of the Pensions Regulator’s anti-avoidance powers

On 14 April 2008, the Department for Work and Pensions (DWP) announced its intention to enhance the Pensions Regulator`s powers “to require contributions to pension schemes when sponsor actions materially reduce the security of...