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

7 days – 27 March 2023

7 Days is a weekly round up of developments in pensions, normally published on Monday afternoons. We collate this information from key industry sources, such as the DWP, HMRC and TPR. In this 7 Days Finance (No.2) Bill 2023 published PSIG...

Finance (No.2) Bill 2023

Introduction The Finance (No.2) Bill (“the Bill”) was published today, 23 March 2023. With the notable exception of the abolition of the LTA, which is being dealt with by a separate Finance Bill, the Bill sets out measures which are...

DWP consultation on Extending Opportunities for Collective Defined Contribution Pension Schemes

Background The DWP has issued a consultation on Extending Opportunities for Collective Defined Contribution Pension Schemes. In this response Responses to specific consultation questions and related comments Responses to specific...

TPR consultation on draft DB funding code of practice and regulatory approach

Background The Pensions Regulator (“TPR”) has issued a consultation on a new draft DB funding code (“the Code”), and on a new twin track regulatory approach to assessing valuations. The consultation follows the DWP’s consultation...

7 days – 20 March 2023

7 Days is a weekly round up of developments in pensions, normally published on Monday afternoons. We collate this information from key industry sources, such as the DWP, HMRC and TPR. In this 7 Days Spring Budget 2023 – pensions tax...

Spring Budget 2023 – the AA set to rise and the LTA to be swept away

Introduction Rumours of changes to pensions tax were rife in the run-up to this year’s Spring Budget, and many were on the money. Aiming to help ensure that “high skilled individuals such as NHS clinicians are not disincentivised from...

7 days – 13 March 2023

7 Days is a weekly round up of developments in pensions, normally published on Monday afternoons. We collate this information from key industry sources, such as the DWP, HMRC and TPR. In this 7 Days TPR publishes blog on trustee engagement...