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

Finance Act changes to Children’s Trusts

The Finance Act 2006 sounded the death knell for “accumulation and maintenance” (A&M) trusts. In this newsletter we look at the ramifications for occupational pension schemes resulting from their demise. Download...

Pension input periods

With A-Day (6 April 2006) came the introduction of the “annual allowance”. Broadly, the annual allowance limits the amount of pension savings that can be made on a tax advantageous basis in relation to an individual in any tax...

The two reviews – double trouble from the DWP?

Two reviews announced in the Pensions White Paper of May last year are finally set to make progress this Spring. Consultation papers were published recently by the Department for Work and Pensions (DWP) relating to the “Deregulatory...

The 2007/08 levies lowdown

Occupational pension schemes are now subject to a dizzying array of levies. With various Pension Protection Fund (PPF) deadlines looming, we highlight the key information in respect of each levy and set out what can be expected for the...

PPF entry and apportioning DB liabilities

Will the apportionment of liability between participating employers in a defined benefit (DB) occupational pension scheme cut off possible future access to the Pension Protection Fund (PPF)? This is the question posed in the recent case of...

“Inducements” – TPR guidance published

Reacting to the growing number of employers offering defined benefit (DB) scheme members inducements (or incentives) to transfer out or accept a reduction in benefits, the Pensions Regulator (TPR) has published guidance aimed at employers,...

Transfer news – trustees to take charge

With just over 10 days remaining in the January transfer window (and perhaps in an attempt to knock David Beckham off the front page) the Government has made the most significant “move” of 2007 so far. As least in occupational...