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

TPR’s consultation on Employer Debt Guidance: Sackers’ Response

Background The draft guidance issued for consultation by the Pensions Regulator on “Defined benefit multi-employer schemes and employer departures: guidance for trustees” is easy to read and does a good job of explaining the different...

Removing the requirement to annuitise by age 75: Sackers’ response

Background Due in part to increasing longevity and the fact that people are working for longer, the Government intends to remove the effective requirement to purchase an annuity by the age of 75 from April 2011.  The consultation was...

Guidance on monitoring employer support: Sackers’ comments

Background The draft “Guidance on monitoring employer support: covenant, contingent assets and other security”, published on 15 June 2010, draws together a number of strands from TPR’s existing publications with a specific focus on...

Restriction of pensions tax relief: Sackers’ response

Background From April 2011, the Government’s intention is that tax relief on pension savings should be reformed – to reduce the complexity introduced by the former Labour Government’s plans for restricting pensions tax relief,...

Strengthening the administration regime for insurers: Sackers’ response

Background The Government’s consultation on the proposals and draft regulations relating to the strengthening of the administration regime for insurers which were published by HMT on 25 March 2010, are aimed at improving the protection...

IGG consultation on the investment governance of DC schemes: Sackers’ response

Background The consultation proposals for best practice guidance relating to the investment governance of DC pension schemes, was published by the Investment Governance Group (IGG) on 10 February 2010 . Given the increasing numbers of...

Record-keeping: Sackers’ response to consultation

Background The Pension Regulator’s proposals for addressing issues of poor member record-keeping are set out in the consultation document which was issued on 2 February 2010. We recognise record-keeping to be an important part of...