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.
Introduction The highly anticipated judgment in the Pilots1 case was handed down today. It concerns the Pilots National Pension Fund (PNPF), a UK industry-wide pension scheme for marine pilots. The PNPF is approximately £300m in...
COALITION BUDGET 2010 Pension measures in the Coalition’s Emergency Budget BOARD FOR ACTUARIAL STANDARDS (BAS) Draft Actuarial Standard on Transformations published DEPARTMENT FOR WORK AND PENSIONS Rise in the state pension age Review of...
Background The Government’s consultation on the proposals and draft regulations relating to the strengthening of the administration regime for insurers which were published by HMT on 25 March 2010, are aimed at improving the protection...
Introduction In the Coalition Government’s first Budget, the Chancellor George Osborne declared Britain “open for business”. However, billed by the Treasury as a Budget to tackle the deficit and restore confidence in the economy,...
HM TREASURY Coalition Government Budget 2010 John Hutton to chair Commission on Public Service Pensions The Government’s approach to financial service regulation OFFICE FOR BUDGET RESPONSIBILITY Pre-Budget Forecast PENSIONS POLICY...
In this Alert: Key points What is the employer covenant? Whose covenant should the trustees assess? Assessing the employer covenant? Monitoring Contingent Assets Key points TPR has produced draft guidance1 for trustees on how to monitor...
FINANCIAL ASSISTANCE SCHEME FAS guidance on calculation of expected pension The use of residual assets FINANCIAL SERVICES AUTHORITY FSA publishes annual report for 2009/10 HM TREASURY Spending review spotlight on public sector pensions...
