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.
The fashion this year seems to be for pension schemes to consider entering into buy-in insurance policies. The lure of removing volatility from funding, and “locking the safe” with part of a scheme’s liabilities being...
With so many defined benefit (DB) pension schemes in long-term run-off, managing risk is a hot topic for scheme sponsors. And the emergence of a new buyout (and buy-in) market has widened the de-risking options available to pension...
October 2008 sees the next wave of sections under the Companies Act 2006 come into force. Occupational pension schemes with corporate trustees will no doubt already be familiar with provisions of the Act which have already surfaced (such...
Since 15 December 2007, “trust or company service providers” (TCSPs) who are providing their services “by way of business” must comply with certain anti-money laundering requirements, including registering with HM...
Time is ticking! As many trustees are already keely aware, there are now only two months to go before revised transfer value legislation finally becomes law on 1 October 2008. The lengthy consultation process started as long ago as May...
Private sector pension provision in the UK has traditionally been dominated by defined benefit (DB) schemes. However, since the DB heyday of the late 1960’s when nearly 8 million people were contributing to DB pensions, private...
Sackers` Public Sector Solutions Unit has wide experience of working with organisations on the complex legal and compliance issues that face public sector schemes and broadly comparable “passport” schemes. In this newsletter we focus...
