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

Pensions Bill catch-up

On 18 October 2004, a new version of the Pensions Bill was printed. The new version catches up on all of the changes made to the Bill since 21 May 2004, when the Bill left the House of Commons to be considered by the House of Lords. Given...

Pensions Commission publishes report

On 12 October 2004, the Pensions Commission published its first report. Headed by Adair Turner, the Pensions Commission is an independent body set up in the wake of the Pensions Green Paper to keep under review the system of private...

Finance Assistance Scheme – information required by 12 November 2004

On 14 May 2004, the Government announced that £400 million would be made available to fund a Financial Assistance Scheme (FAS). The intention is to offer help to people who will not be eligible for benefits under the new Pension...

Part-timers – TUPE turnaround

Earlier this month, to the relief of a great many employers, the Court of Appeal upheld an appeal relating to the long-running Preston saga. The appeal was brought by a group of power companies and concerned the effect of a TUPE transfer...

Trustee knowledge and understading the dawn of a new era

One of the headline issues emerging from the Pensions Bill is the proposed requirement for all scheme trustees to have “knowledge and understanding” across the full range of their responsibilities. (This is set against the...

Schemes to have 50% member-nominated trustees

Proposals to ensure that 50% of pension scheme trustees are member-nominated (“MNTs”) have been announced by the new Secretary of State for Work and Pensions, Alan Johnson. The changes, which were unveiled at the TUC Conference...

Disability discrimination law post 1 October 2004

On 1 October 2004, significant changes to disability discrimination legislation come into force which will affect both employers and trustees of occupational pension schemes. The impetus behind the changes is the EU Framework Directive on...