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

Pensions Dashboards – further consultation

Background The DWP has issued a further consultation on two elements of the draft Pensions Dashboards Regulations 2022, that were subject to a broader consultation earlier this year. In this response Responses to specific consultation...

Pensions Dashboards

Background The DWP has issued a consultation seeking views on a range of policy questions relating to the creation of pensions dashboards. An indicative draft of the regulations is included with the consultation. In this response General...

Strengthening The Pensions Regulator’s Powers: Notifiable Events (Amendments) Regulations 2021

Background Against the backdrop of PSA21, the DWP is consulting on changes to the notifiable events regime. In this response Responses to specific consultation questions General Comments Responses to specific consultation questions We...

Increasing the normal minimum pension age for Pensions Tax

Background In July, HMRC published a consultation on draft clauses for the Finance Bill 2021-22, including provisions which will increase normal minimum pension age (“NMPA”) for pensions tax purposes from age 55 to 57. This is designed...

Stronger Nudge to pensions guidance

Background The DWP is consulting on proposed regulations which will require trustees and managers to “deliver a Stronger Nudge” to pensions guidance when individuals seek to access, or transfer for the purpose of accessing, the pension...

The Occupational Pension Schemes (Collective Money Purchase Schemes) Regulations 2021

Background The DWP is consulting on draft regulations and associated consequential changes that will implement the new authorisation and supervision regime for Collective Money Purchase schemes (“CMP”), commonly referred to as...

Future of the DC pension market: the case for greater consolidation

Background In September 2020, in the consultation Improving outcomes for members of defined contribution schemes, the government set out that while consolidation is, to some degree, already happening, the rate at which this is occurring is...