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

Winding up the European way!

Designed to implement the European Pensions Directive, draft regulations have been published to set out the procedure to be followed by trustees winding up a defined benefit (DB) scheme which has a “recovery plan” in place. We...

TKU – coming to a scheme near you

The Trustee Knowledge and Understanding (TKU) requirements under the Pensions Act 2004 are set to come into force on 6 April 2006. All occupational pension scheme trustees must have sufficient TKU of pensions and trusts law to run their...

Cross-border – road to nowhere?

The cross-border road has been a series of twists and turns, with a final hairpin bend. The final date for applications is tomorrow – 29 March 2006. But the Regulator has published some further guidance on applications this...

New rights for early leavers

From 6 April 2006, members who leave their occupational pension scheme “early” (but with at least 3 months’ service) will gain new rights. Following consultation documents published in July 2005, the regulations which...

Age discrimination – take 2

Revised Regulations were published recently giving schemes just over six months to prepare for age discrimination laws taking effect on 1 October 2006. The Regulations have a significantly different take on pensions to the first draft last...

Life Cover Only Members

We have previously alerted you to the question of whether, following the implementation of the European Pensions Directive into UK legislation, it is possible for occupational pension schemes to continue to have life cover only members as...

Tax simplification – the sprint finish

With A-Day now just over a month away, is your scheme ready for the big push down the home straight? Have you made scheme changes or are you relying on the transitional tax provisions to take you through A-Day (6 April 2006) and beyond?...