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.
On 14 May 2004, the Government announced that £400 million would be made available to fund a Financial Assistance Scheme (FAS). The intention is to offer help to people who will not be eligible for benefits under the new Pension...
Earlier this month, to the relief of a great many employers, the Court of Appeal upheld an appeal relating to the long-running Preston saga. The appeal was brought by a group of power companies and concerned the effect of a TUPE transfer...
One of the headline issues emerging from the Pensions Bill is the proposed requirement for all scheme trustees to have “knowledge and understanding” across the full range of their responsibilities. (This is set against the...
Proposals to ensure that 50% of pension scheme trustees are member-nominated (“MNTs”) have been announced by the new Secretary of State for Work and Pensions, Alan Johnson. The changes, which were unveiled at the TUC Conference...
On 1 October 2004, significant changes to disability discrimination legislation come into force which will affect both employers and trustees of occupational pension schemes. The impetus behind the changes is the EU Framework Directive on...
In an attempt to protect further the position of members whose defined benefit scheme is winding-up, the Government has published proposals to change the winding-up legislation. The main changes focus on raising the level of debt triggered...
Proposed amendments are on the cards to help smooth the transition from the minimum funding requirement (“MFR”) to the new statutory funding objective set out under the Pensions Bill 2004. Here we summaries the main...
