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

Consultation on the draft Occupational Pension Schemes (Employer Debt) (Amendment) Regulations 2017 – Sackers’ response to DWP consultation

Background The DWP is seeking views on proposed changes to employer debt legislation for employers in non-segregated defined benefit multi-employer pension schemes. In this response: Introduction Chapter 2: The deferred debt arrangement...

Consultation on the third PPF Levy Triennium –2018/19 – Sackers’ response to consultation

Background The PPF is consulting on how it intends to develop the PPF levy for the next three year period, or triennium, which starts in 2018/19. In this response Section 8 – Small schemes Section 9 – Deficit-Reduction Contributions...

Defined benefit pension schemes: security and sustainability – Sackers’ response to DWP consultation

Background The DWP Green Paper on private sector DB pensions, “Security and sustainability in DB schemes”, sets out evidence about key challenges facing DB schemes and considers feedback from commentators. In this response General...

The Contracting-out (Transfer and Transfer Payment) (Amendment) Regulations 2017 – Sackers’ response to DWP consultation

Background The DWP is consulting on draft regulations to introduce changes to enable transfers, in limited circumstances, of pensioner members with GMP or section 9(2B) rights, with their consent, to schemes that have never been...

Bulk transfers of DC pensions without member consent – Sackers’ response to DWP consultation

Background The DWP has called for evidence on how the current provisions on the bulk transfer of defined contribution pensions without member consent, in particular from occupational and stakeholder pension schemes, could be improved. In...

Pension scams – Sackers’ response to DWP/HMT consultation

Background The DWP and HMT are jointly consulting on a package of measures aimed at tackling three different areas of pension scams: a ban on cold calling limiting pension scheme members’ statutory right to transfer making it a...

Equalising pensions for the effect of GMPs – Sackers’ response to consultation

Background The DWP is consulting on draft regulations, legislative review and a proposed methodology for equalising pensions for the effect of GMPs. In this response General comments The new approach Proposed changes to the GMP conversion...