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

Restriction of pensions tax relief: further developments

Introduction When the Government published its final plans for restricting pensions tax relief on 14 October 20101, the headline issue was the significant reduction in the AA from £255,000 to £50,000 from the tax year 2011/12. However,...

Guidance on incentive exercises / annuities legislation – the pre-Christmas flurry

Introduction The pensions pre-Christmas rush is in full swing. With only 12 shopping days to go, key institutions are racing to get their publications out of the door. The latest festive offerings come from TPR and HM Treasury...

13/12/2010: 7 Days

LEGISLATION Repeal of Labour’s tax relief restriction measures DEPARTMENT FOR WORK AND PENSIONS The switch from RPI to CPI: Consultation published The Pension Protection Fund (Prescribed Payments and Investment Costs – Amendment)...

The switch from RPI to CPI – consultation published

Introduction The Government published its long awaited consultation on the switch from RPI to CPI for increases to pensions in payment and in deferment on 8 December 2010. Widely reported as a potential reduction in liabilities for the...

Quarterly Briefing

Contents The December, 2010 Quarterly Briefing (PDF, 336 KB) highlights significant developments in pensions law, covering key areas such as pensions reform, regulatory developments, new legislation and cases. Pensions Reform Pensions...

06/12/2010: 7 Days

DEPARTMENT FOR WORK AND PENSIONS Abolition of DC contracting-out: Consultation response published Working Paper No. 91: Pension scheme administration costs HM REVENUE & CUSTOMS Consultation: Options to meet high annual allowance...

Employer Covenant: Final Guidance

Introduction TPR’s guidance on “Monitoring employer support: Covenant, contingent assets and other security” (the Guidance) was finalised on 30 November 2010. The tenor of the guidance has not changed significantly since the draft...