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

Technical changes to automatic enrolment

Background The DWP is consulting on proposed technical changes which are designed to simplify the automatic enrolment process and to reduce burdens on employers. In this response General comments Limited Liability Partnerships Tax...

Pensions tax: bridging pensions

Background Legislation to be introduced in the Finance Bill 2016 is set to include consequential changes to ensure that, following the introduction of the new single tier State Pension from 6 April 2016, the tax rules on bridging pensions...

Draft code of practice no.13: Governance and administration of occupational defined contribution trust-based schemes

Background On 24 November 2015, TPR issued a consultation on a revised Code of Practice on the governance and administration of occupational DC trust based schemes. The purpose of the Draft Code is to “set out the standards of conduct...

Occupational and Personal Pension Schemes and the Pension Protection Fund (Miscellaneous Amendments) Regulations 2016

Background The DWP’s consultation on the draft Occupational and Personal Pension Schemes and the Pension Protection Fund (Miscellaneous Amendments) Regulations 2016 was published on 23 November 2015. It seeks views on a number of...

Developing a Retirement Quality Mark

Background The Board of the Pension Quality Mark (PQM) launched a consultation in November 2015 on its proposed new Mark, the Retirement Quality Mark (RQM). The existing PQM is focused on the accumulation phase of retirement saving, with...

Better workplace pensions: Reducing regulatory burdens and minor regulation changes

Background The DWP’s consultation on reducing regulatory burdens and minor regulation changes (published on 12 November 2015) looks at reducing regulatory burdens, and making “small but important” changes to various sets of...

Banning member-borne commission in occupational pension schemes

Background The DWP is consulting on the best way of regulating a ban on member-borne commission payments in relevant occupational pension schemes that provide money purchase benefits and which are being used as qualifying schemes for...