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.
It is clear from both the Government’s Green Paper published on 17 December 2002 and it “Action Plan” published on 11 June 2003, that it has been pondering what to do about simplifying guaranteed minimum pensions (GMPS)...
As a method of controlling costs in defined benefit schemes, some employer/trustees are looking afresh at the provisions of early retirement pensions. Scheme rules commonly allow members to retire early upon reaching a minimum age (often...
Money purchase member communication presents a significant challenge to trustees and employers alike. Members need to have a broad spectrum of information to be able to participate effectively in the scheme. But trustees and employers must...
The Occupational Pension Schemes (Winding-Up Notices and Reports etc) Regulations 2002 gave Opra new powers to monitor and intervene in the winding-up of occupational pension schemes and came into force on 1 April 2002. Based on its...
The long-awaited Occupational Pension Schemes (Transfer Values and Miscellaneous Amendments) Regulations 2003 came into force on 4 August 2003. Download...
There are currently limited circumstances in which an individual’s cash equivalent transfer value can be reduced under the Occupational Pension Schemes (Transfer Values) Regulations 1996. The long-awaited Occupational Pension Schemes...
We already have wide ranging anti-discrimination legislation in the UK. However, many legislative changes are in the pipleine, the driver for which is the EU Framework Directive on Equal Treatment. Although its precise effect on...
