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

The perils of Pension Input Periods

Introduction What is a PIP? A “pension input period” (PIP)1 is used to assess annual increases in the value of members’ pension savings for the purpose of testing against the AA. Increases are measured against the AA for the tax...

14/02/2011: 7 Days

LEGISLATION Changes to HMRC reporting requirements BOARD FOR ACTUARIAL STANDARDS BAS guidance revised to reflect new disclosure standards DEPARTMENT FOR WORK AND PENSIONS The switch from RPI to CPI: Response to consultation on changes to...

07/02/2011: 7 Days

LEGISLATION The Occupational Pension Schemes (Levy Ceiling – Earnings Percentage Increase) Order 2011 The Occupational Pension Schemes (Levy Ceiling) Order 2011 The Pension Protection Fund (Pension Compensation Cap) Order 2011 The...

E-Disclosure: What it means for you

Introduction Since the introduction of the new court rules on disclosure for all court proceedings starting after 1 October 2010, parties must specifically address disclosure of any relevant documents held in an electronic form (also known...

31/01/2011: 7 Days

DEPARTMENT FOR WORK AND PENSIONS Review of regulatory differences between trust and contact based pensions HM REVENUE & CUSTOMS Normal minimum pension age: Draft regulations HM TREASURY Report of the Independent Commission on Equitable...

24/01/2011: 7 Days

LEGISLATION The Equality Act 2010 (Commencement No. 5) Order 2011 ASSOCIATION OF BUSINESS INSURERS New ABI guide to help customers shop around for an annuity EUROPEAN INSURANCE AND OCCUPATIONAL PENSIONS AUTHORITY EIOPA publishes Solvency...

New Year, New Pensions Bill

Introduction Published on 13 January 2011, the Pensions Bill (the “Bill”) deals with several of the changes to pensions policy announced by the Coalition Government last year; primarily the increase in SPA, amendments to the automatic...