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

PPF risk-based levy – 2008/09 determination

The Pension Protection Fund (PPF) was established in April 2005 to provide compensation for members of eligible schemes where benefits cannot be paid in full because: (a) there has been an insolvency event in relation to the employer; and...

Trustees and the new anti-money laundering regime

Changes made to the UK anti-money laundering regime from 15 December 2007 require trustees and directors of a corporate trustee who are providing their services “by way of business” to comply with certain anti-money laundering...

Lindorfer – are sex-based actuarial factors an endangered species?

In the shifting sands of pensions regulation, the bedrock for pensions professionals is legal certainty. Since the 1993 case of Neath v Hugh Steeper, pension schemes have not questioned their ability to calculate a cash equivalent transfer...

“FAS” is for life, not just for Christmas

Campaigners for those affected by pension scheme closures may well be raising a glass of bubbly to the Government and the Young Review, following a joint announcement on 17 December 2007. As a result of the announcement, the Financial...

Another year, another Pensions Bill

For the second year in a row, a new Pensions Bill has been introduced into Parliament. Although many clauses are devoted to the future introduction of personal accounts (currently scheduled for 2012), there are some key points to note for...

Trustee conflicts – an everyday story of superheroes?

Acting as a trustee can no doubt sometimes seem like a herculean task. Combining such a role with being a Finance Director (FD) of the sponsoring employer needs the powers of a superhero (“Superannuation Man”?!). Just how can...

Disputes – draft Regulations and Code on trial

Are there signs that the Government is listening to trustees’ concerns about the regulatory burden on pensions? Hot on the heels of the Deregulatory Review comes a genuine piece of simplification – the introduction of the...