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.
Back with a vengence after the summer break, two separate (but complementary) consultations were published on 9 September 2005 by the Department for Work and Pensions (DWP) and the Pensions Regulator (TPR) respectively. In its...
Legislation due to come into force later this year will impose specific obligations on trustees to have sound administrative procedures and effective internal control mechanisms in place. The force behind the new requirements is the EU...
The Occupational Pension Schemes (Employer Debt etc) (Amendment) Regulations 2005 were finally published on 18 August and come into force on 2 September 2005. Download...
It has recently been reported that British institutional investors, custodians and pension funds who have direct holdings of US shares are failing to collect settlements from US securities class action worth a total of £4.7bn. This raises...
The Pensions Act 2004 (PA 2004) will require that at least one-third of the total number of trustees of occupational pension schemes are member-nominated trustees or directors (MNTs). The current proposal is that this moves up to 50% in...
On 12 July 2005, the Board of the Pension Protection Fund (PPF) published its proposals for the introduction of the risk-based levy for all schemes potentially eligible for the PPF. The risk-based levy will apply from the financial year...
From 6 April 2006, employers and trustees contemplating changes to occupational pension schemes will have to contend with a significantly revamped section 67 of the Pensions Act 1995. The source of the new sections 67 through to 67I is the...
