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

Sackers ESG survey for pension schemes: Summary report – key themes and Sackers views

In July 2019 we surveyed 102 trustees and pension scheme managers to gain a better understanding of what pension funds are doing, or intending to do, in response to the various new and updated regulations surrounding environmental, social...

DC hot topic: Exiting the DC master trust market

The arrival of the master trust authorisation regime has focused trustees’ and employers’ minds on the future of any DC non-associated multi-employer schemes that they run. Where these schemes meet the definition of a master trust in...

DC hot topic: Transferring to a DC master trust – key issues

With the increased focus on governance of DC benefits it can be expensive and time consuming to meet all the regulatory expectations in an employer’s own occupational DC scheme or DC section of a hybrid DB/DC scheme.  We have seen a...

DC hot topic: Master trust authorisation

The law relating to master trust authorisation comes into full effect from 1 October 2018.  All DC master trusts must apply for authorisation by 1 April 2019, or wind up. In order to be authorised by the Pensions Regulator (TPR), master...

DC hot topic: Member Communications – keep it legal!

Giving your lawyers a seat at the table when a communications strategy is being devised can save both time and costs. Not only can lawyers often spot potential pitfalls before they arise, but they have lots of valuable experience that...

Record Keeping: New Scheme Data Requirements

TPR has confirmed that from 2018, scheme returns in respect of DB and hybrid (mixed benefit) occupational pension schemes will require information in relation to the quality of the scheme’s data. We expect the same questions to be asked...

Monitoring DC risk – the risk register

Trustees have a legal duty to establish and operate adequate “internal controls” to ensure that their scheme is run in accordance with the scheme rules and legal requirements. The primary focus of internal controls is a scheme’s risk...