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

Occupational Pension Schemes – abolition of defined benefit contracting-out: a consultation on draft regulations – Sackers’ response to consultation

In this response: Background Respondent information General comments Interpretation Unconventional funding arrangements The role of the actuary Multi-employer schemes Costs and benefits Contracted-out regulations Background The Pensions...

Freedom and choice in pensions: Sackers’ response to consultation

Background The 2014 Budget proposed significant changes on the use of individuals’ DC pension pots at retirement.  HM Treasury’s consultation “Freedom and choice in pensions”, published alongside the Budget, proposes a general...

Sackers’ Response to Better workplace pensions: Further measures for pension savers

In this response: Background Respondent information General comments Administration Master trusts Trust-based governance Transparency Background The DWP’s command paper published on 27 March 2014 proposes a range of measures aimed at...

Regulating public service pension schemes – Sackers’ response to consultation

In this response: Background General comments Legal requirement Conflicts of interest Specific issues Background TPR was given an expanded role in the Public Service Pensions Act 2013 in relation to the governance and administration of...

Funding defined benefits – response to consultation

Background TPR issued a consultation on DB scheme funding on 2 December 2013.  The suite of draft documents on scheme funding are: the consultation document, Regulating defined benefit pension schemes a draft code of practice, Funding...

Fiduciary duties of investment intermediaries – response to consultation

Background BIS and the DWP asked the Law Commission to investigate how the law of fiduciary duties applies to investment intermediaries and to evaluate whether the law works in the interests of end investors. The Law Commission chose the...

Reshaping workplace pensions for future generations – response to consultation

Background The DWP consultation on reshaping workplace pensions for future generationsseeks views on the Government’s proposals for alternatives to the traditional DB and DC models of pension provision, in the form of “defined...