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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

The Finance Act 2004 (Registered Pension Schemes and Annual Allowance Charge) (Amendment) Order 20XX – Sackers response to consultation

Background HMRC is consulting on draft legislation and related amendments to the Registered Pension Schemes Manual (RPSM), with a view to making a number of changes to the annual allowance legislation following the changes in the Finance...

PPF consultation on definition of “money purchase” – Sackers’ response to consultation

In this response: Background General Internally annuitised pensions Guaranteed investment returns Other underpins Background We are responding to the PPF consultation document, Money Purchase Benefits published in May 2014.  The...

Risk mitigation for OTC Derivative contracts: Sackers’ response

Background Sackers’ has responded to the European Securities and Markets Authority (ESMA) on it’s Consultation Paper, Draft regulatory technical standards on risk-mitigation techniques for OTC-derivative contracts not cleared...

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...