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

First PPF levies announced

The Pension Protection Fund (PPF) is one of the key elements in the Pensions Act 2004. It is designed to provide a safety net for members of underfunded defined benefit (DB) schemes whose employers become insolvent. The PPF will be...

New rights for transsexuals

From 4 April 2005, post-operative transsexuals will finally be entitled to legal recognition in their acquired gender. This ground-breaking legislation is the culmination of several high-profile cases in recent years before the legal...

The Pensions Regulator – ignore it at your peril

What does the arrival of the new Pensions Regulator from April 2005 signify for your scheme? The Pensions Act 2004 is seen by some as a landmark that will secure and strengthen the UK’s private pension tradition. The new proactive...

Scheme debt – full buy-out on employer insolvency

The Occupational Pension Schemes (Winding Up, Deficiency on Winding Up and Transfer Values) (Amendment) Regulations 2005 were laid on 25 January 2005, and will come into force on 15 February 2005. These Regulations were the subject of a...

Age discrimination – When I’m 65?

The concept of age discrimiation is pretty fundamental in the context of pensions but there is no existing law which prohibits it. This is set to change from October 2006 when new legislation will come into force. Details are currently...

Opra Update 10 – guidance on avoiding pension liabilities

Opra (the Occupational Pensions Regulatory Authority) has published a new update on “avoiding pension liabilities – implications of the Pensions Act 2004”. Update 10 is primarily aimed at sponsoring employers and trustees...

Review of Myners principles for institutional investment decision-making

Paul Myners reported in March 2001 on Institutional Investment. He recommended that pension scheme trustees voluntarily adopt a series of principles and best practice for investment decision making. The Government has been reviewing the...