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

Age – back with a vengence?

Last month, when it postponed implementation of the pensions aspects of the Age Regulations to 1 December 2006, the Government also promised pension schemes more exemptions from the non-discrimination requirements. These arrived this week...

Making use of contingent assets

An increasing number of corporate sponsors and trustees are looking at using contingent assets as an alternative to hard cash when considering scheme funding, or to ease the PPF levy. With this in mind we look at the different types of...

PPF levy proposals for 2007/8

The Board of the Pension Protection Fund has published revised guidance and standard documentation relating to contingent assets and also a consultation document setting out proposals for the 2007/08 risk based levy. Download...

“Age-Day” pushed back – 1 December 2006

Responding to industry pressure, the Government has pushed back the date when new age discrimination laws come into force for occupational and personal pension schemes from 1 October 2006 to 1 December 2006. Amending regulations have been...

Age-Day (now 1 December 2006) – focus on DC schemes

While the effect the anti-age discrimination legislation will have on defined benefit (DB) schemes has covered more column inches to date, defined contribution (DC) schemes have some knotty issues too. In this News, we focus on the impact...

The White Paper – a question of more pensions reform?

2006 (like 2005 before it) has been another hectic year for pensions reform. But, despite the raft of changes already made in the name of pensions reform, Chapter 2 of the recently published Pensions White Paper makes it clear that the...

Action on “Age-Day”

From 1 October 2006 (“Age-Day”), a new age dawns in discrimination law for occupational pension schemes. The basic concept is simple enough: under the Age Regulations it will no longer be possible to discriminate directly or...