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

DC Quarter: Annuitisation – All Change!

Introduction Changes introduced by the Finance Act 2011 are set to remove the requirement for individuals with DC funds to secure an income by age 75. In addition, NEST is just around the corner and TPR’s focus is on promoting higher...

04/07/2011: 7 Days

LEGISLATION Bribery Act 2010 DEPARTMENT FOR WORK AND PENSIONS Consultation on employer debt (section 75 of the Pensions Act 1995) GOVERNMENT Written ministerial statement on use of gender by insurers HM TREASURY First payments confirmed...

Employer Debt Revisited

Introduction Despite several changes over the years, many still consider that the Employer Debt Regulations1 unnecessarily inhibit corporate activity, in particular the ability of companies to restructure in response to economic changes....

27/06/2011: 7 Days

LEGISLATION Pensions Bill 2010-11 DEPARTMENT OF BUSINESS, INNOVATION AND SKILLS Review of equity investment DEPARTMENT FOR WORK AND PENSIONS Regulatory differences between occupational and workplace personal pensions: Call for evidence to...

State pension consultation: Sackers’ Comments

Background In its consultation paper, “A state pension for the 21st century”, the DWP has proposed two options for reform: Option one: faster flat rating of S2P; and Option two: the introduction of a single tier flat rate pension In...

No surprises: the RPI/CPI consultation response

Introduction The Government has published its response to consultation on the switch from RPI to CPI for increases to pensions in payment and revaluation in deferment. Its December 2010 consultation followed announcements last summer...

20/06/2011: 7 Days

LEGISLATION Pensions Bill 2010-11: House of Commons research paper Equitable Life: The Taxation of Equitable Life (Payments) Order 2011 DEPARTMENT FOR WORK AND PENSIONS Consultation response on the use of CPI for private sector...