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

Scheme abandonment: Discussion paper and guidance issued

Prompted by concerns over employers walking away from their underfunded defined benefit (DB) pension schemes, the Pensions Regulator (TPR) has issued a discussion paper on scheme abandonment, together with draft guidance on the issue for...

Finance Bill – tidings of comfort and joy?

Last week the Chancellor, Gordon Brown, delivered his Pre-Budget Report which alluded to further tax simplification changes being on their way. HM Revenue & Customs (HMRC) have now published a Technical Note heralding the tax changes...

Another Pensions Bill has landed!

Hot on the heels (relatively speaking) of the publication of the White Paper on State Pension reform in May this year, the Pensions Bill was published last week. While there are a couple of pleasant suprises for occupational pension...

Keeping EU cross-border conscious

Since 30 December 2005, a UK pension scheme has needed to have prior authorisation and approval from the Pensions Regulator to operate as a cross-border scheme. Designation as cross-border brings with it a fairly onerous requirement to be...

Age – no “compliance window”

The DWP has confirmed it will not be giving pension schemes more time to get ready for age discrimination. This disappointing news means schemes and employers may be exposed to the risk of claims if members or prospective members believe...

Age – third time lucky?

Last Friday, with just three weeks to go before pension schemes become subject to the age discrimination legislation, the revised amending regulations were laid before Parliament. The new Regulations build on the helpful changes in the...

Pensions White Paper: Government’s response to consultation

The Pensions White Paper was published in May 2006 and provided an insight into the Government’s thinking on the future of UK state pensions. On 30 October 2006, the DWP published its responses to the White Paper consultation and to...