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.
Following intense scrutiny by both Houses of Parliament (and a number of twists and turns along the parliamentary way), the Pensions Bill 2004 finally received Royal Assent on 18 November 2004. The Bill, which was first published in...
The so-called “moral hazard” provisions in the Pensions Bill have stolen many column inches since they were first announced in April 2004. Broadly, their effect is to widen the scope of parties who may be made responsible for a...
On 18 October 2004, a new version of the Pensions Bill was printed. The new version catches up on all of the changes made to the Bill since 21 May 2004, when the Bill left the House of Commons to be considered by the House of Lords. Given...
On 12 October 2004, the Pensions Commission published its first report. Headed by Adair Turner, the Pensions Commission is an independent body set up in the wake of the Pensions Green Paper to keep under review the system of private...
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...
