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.
Introduction Several key changes are coming into effect from 1 October 2021 under the Pension Schemes Act 2021 (“PSA21”) and beyond. Where necessary, trustees and employers should seek advice on what those changes mean for their...
Background In July, HMRC published a consultation on draft clauses for the Finance Bill 2021-22, including provisions which will increase normal minimum pension age (“NMPA”) for pensions tax purposes from age 55 to 57. This is designed...
Introduction Against the backdrop of PSA21, on 8 September 2021, the DWP published a consultation seeking views on changes to the notifiable events regime. In addition, the Government confirmed that it will press ahead with the...
Background The DWP is consulting on proposed regulations which will require trustees and managers to “deliver a Stronger Nudge” to pensions guidance when individuals seek to access, or transfer for the purpose of accessing, the pension...
This quarterly bulletin sets out current and future developments affecting master trusts, so you can check what should be on your agenda. Master trust agenda – Q3...
Background The DWP is consulting on draft regulations and associated consequential changes that will implement the new authorisation and supervision regime for Collective Money Purchase schemes (“CMP”), commonly referred to as...
Our Finance & investment briefing (PDF) takes a look at current issues of interest to pension scheme investors. In this briefing Bulk annuity contracts: thinking about risks in risk transfer Fiduciary management Legal...
Introduction The latest addition to PASA’s suite of GMP equalisation guidance was published today (“the Guidance”). Aimed at finding “a pragmatic approach to equalising historical transfers”, the Guidance builds on the High...
