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 debt – full buy-out on employer insolvency

The Occupational Pension Schemes (Winding Up, Deficiency on Winding Up and Transfer Values) (Amendment) Regulations 2005 were laid on 25 January 2005, and will come into force on 15 February 2005. These Regulations were the subject of a...

Age discrimination – When I’m 65?

The concept of age discrimiation is pretty fundamental in the context of pensions but there is no existing law which prohibits it. This is set to change from October 2006 when new legislation will come into force. Details are currently...

Opra Update 10 – guidance on avoiding pension liabilities

Opra (the Occupational Pensions Regulatory Authority) has published a new update on “avoiding pension liabilities – implications of the Pensions Act 2004”. Update 10 is primarily aimed at sponsoring employers and trustees...

Review of Myners principles for institutional investment decision-making

Paul Myners reported in March 2001 on Institutional Investment. He recommended that pension scheme trustees voluntarily adopt a series of principles and best practice for investment decision making. The Government has been reviewing the...

Protecting the PPF – draft code on notifiable events

On 10 December 2004, the second code of practice under the Pensions Act 2004 was published in draft for consultation. The consultation period ends on 4 March 2005, with the code expected to take effect by May 2005. The consultation paper...

“Whistleblowing” – draft code of practice published

On 8 December 2004, the first code of practice under the Pensions Act 2004 was published for consultation by the Department for Work and Pensions: “Whistleblowing” – Reporting breaches of the law. The draft code...

TUPE pension protection regulations published

Draft regulations have been published for consultation to help fulfil the Government’s aim of replacing the pensions exemption under the Transfer of Undertakings (Protection of Employment) Regulations 1981 (TUPE) with pensions...