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

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...

Assurance reporting on master trusts: response to consultation

Background The ICAEW consultation on its proposed framework for assurance reporting on master trusts, produced in partnership with the Pensions Regulator, is designed to help trustees of DC Master Trusts demonstrate to potential and...

Reclassifying DC benefits – Sackers’ response to consultation

Background The DWP’s consultation on the draft Regulations that provide transitional, supplementary and consequential measures supporting the commencement of section 29 of the Pensions Act 2011 seeks views on the Government’s...

Charges: response to consultation

Background The DWP’s consultation paper, Better workplace pensions: a consultation on charging asks for views on whether a cap on charges in default funds should be introduced. The consultation sets out three options for a cap. Option...

Scheme funding in November 2013

Ten things to know now We understand that the draft Code of Practice on scheme funding is due to be published on 4 December 2013. The new affordability objective for TPR is included in the Pensions Bill 2013, which we expect to receive...