Archives: Publications

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

Finance & investment briefing – December 2021

Our Finance & investment briefing (PDF) takes a look at current issues of interest to pension scheme investors. In this briefing TCFD: next steps for £1bn plus schemes Residual risks cover Legal update...

Quarterly briefing – December 2021

The Sackers Quarterly Briefing Q4 2021 highlights significant developments in pensions, covering key areas such as pensions reform, regulatory developments, new legislation and cases. In this briefing Current legal agenda Pension Schemes...

Sackers checklist – GMP equalisation: Correcting the past – the questions trustees need to ask

Back in 2018, Mr Justice Morgan held in Lloyds No.1 that schemes are under a duty to equalise for the effect of GMPs. More recently, with Mr Justice Morgan once again at the helm, the High Court concluded in Lloyds No.3 that, in certain...

Combatting pension scams – new conditions on transfers

Introduction On 8 November 2021, regulations designed to protect savers against pension scams were laid before Parliament, alongside new TPR guidance to help guide trustees, pension managers and administrators through the new requirements....

Strengthening The Pensions Regulator’s Powers: Notifiable Events (Amendments) Regulations 2021

Background Against the backdrop of PSA21, the DWP is consulting on changes to the notifiable events regime. In this response Responses to specific consultation questions General Comments Responses to specific consultation questions We...

Consultation on changes to climate and investment reporting

Introduction On 21 October 2021, the DWP issued a consultation seeking views on proposals to require trustees of larger occupational pension schemes, authorised master trusts and authorised collective money purchase schemes (together,...

DC briefing – October 2021

The DC briefing (PDF) highlights topical news on DC pensions from a legal viewpoint. In this briefing: VfM changes on the horizon Simpler annual statements Further consolidation on the cards Timeline Stronger nudge to guidance...

Simpler annual statements – response to consultation and final regulations

Introduction On 19 October 2021, the DWP published its response to the consultation on proposed regulations and statutory guidance to introduce simpler annual statements for members of DC auto-enrolment schemes. Final regulations (“the...

PASA issues anti-franking guidance

Introduction Following requests from the industry to expand upon the section included in its methodology guidance, on 29 September 2021 PASA issued supplemental guidance on allowing for anti-franking when achieving GMP equality (“the...