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.
LEGISLATION The Equality Act (Amendment) Order 2010 BOARD FOR ACTUARIAL STANDARDS Proposed changes to statutory money purchase illustrations: analysis of consultation responses DEPARTMENT FOR WORK AND PENSIONS Workplace pension reforms get...
Introduction Plans for the introduction of automatic enrolment and the new national pension scheme (NEST) got the green light yesterday, following the publication of findings from an independent review “Making automatic enrolment...
BOARD FOR ACTUARIAL STANDARDS New Actuarial Standard on Pensions FINANCIAL REPORTING COUNCIL FRC publicises backers of the Stewardship Code HM TREASURY The Spending Review CASES BT Pension Scheme Trustees Ltd v British Telecommunications...
Background A BIS / DWP consultation on the proposed phasing out of the DRA was published on 29 July 2010. Having a pivot age (i.e. a fixed point at which benefits are expected to come into payment) for pension purposes is, in our view,...
Introduction Section 251 of the PA04 has been troubling both trustees and employers. It appears to prevent a payment being made to an employer out of scheme assets unless, before 6 April 2011, an appropriate trustee resolution has been...
Background On 28 July 2010, the DWP published a consultation, draft consequential legislation in relation to the abolition of contracting out on a DC basis. The four sets of draft regulations are designed to implement certain...
ACCOUNTING STANDARDS BOARD Accounting implications for retirement benefits of the replacement of RPI with CPI CABINET OFFICE PPF, TPR and TPAS all survive Quango cull DEPARTMENT FOR WORK AND PENSIONS Preserving powers to refund surplus...
