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

Fair deal consultation: Sackers’ Response

Background The purpose of this document is to set out our comments on HMT’s “Consultation on the Fair Deal Policy: treatment of pensions on the compulsory transfer of staff from the public sector”. Since 1999, the Fair Deal guidance...

PPF Consultation on GMP Equalisation: Sackers’ Response

Background Under section 171 of the Pensions Act 2004, the PPF Board has a duty to pay compensation on a basis that is no more or less favourable to a woman (or man) than it would be to a comparable man (or woman) in respect of pensionable...

Default Option for DC Schemes consultation: Sackers’ Response

Background The DWP consultation on offering a default option for DC automatic enrolment pension schemes, published on 13 December 2010, seeks views on the design of default options in workplace personal pensions and occupational pensions...

Consultation on switch to CPI: Sackers’ Response

Background The DWP’s consultation, “The impact of using CPI as the measure of price increases on private sector occupational pension schemes” was published on 8 December 2010. The consultation followed the Coalition...

Consultation on Early Access to Pension Savings: Sackers’ Response

Background We are concerned that HMT’s consultation on “Early access to pension savings”, published in December 2010, is unduly negative towards the idea of allowing early access to pensions savings. As the consultation makes...

Consultation on options to meet high annual allowance charges: Sackers’ Response

Background The joint HMT / HMRC consultation (published on 30 November 2010 ) on “Options for meeting high annual allowance charges from pension benefits” (the Consultation), sets out two broad options (aimed primarily at DB schemes)...

Consultation on European Solvency Standards for pensions: Sackers’ Comments

Background The Green Paper “Towards adequate, sustainable and safe European pension systems” was published by the European Commission on 7 July 2010. The paper, in particualr, asks what an equivalent solvency regime for pension funds...