News

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

Call for evidence – Helping savers understand their pension choices

Introduction The DWP published a call for evidence on 14 June 2022 to explore what support members of pension schemes need to help them make informed decisions about how to use their savings. It will also seek to understand what support...

Project management
Why the rules are just the beginning…

The benefit specification from start to finish When securing benefits through a bulk annuity policy with an insurer, it’s important to ensure the benefits are carefully documented in your benefit specification. Why? Because, otherwise,...

The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations 2018

Introduction On 26 February 2018, the DWP published a response to the consultation on the draft Occupational Pension Schemes (Employer Debt) (Amendment) Regulations 2017 together with a final version of the regulations, now called The...

The draft Contracting-out (Transfer and Transfer Payment) (Amendment) Regulations 2018 – Sackers’ response to consultation

Background The DWP is consulting on draft regulations which are designed to enable bulk transfers of contracted-out rights to take place in certain circumstances without member consent, to schemes that have never been contracted-out. In...

Consultation on the draft Occupational Pension Schemes (Employer Debt) (Amendment) Regulations 2017 – Sackers’ response to DWP consultation

Background The DWP is seeking views on proposed changes to employer debt legislation for employers in non-segregated defined benefit multi-employer pension schemes. In this response: Introduction Chapter 2: The deferred debt arrangement...

Defined benefit pension schemes: security and sustainability – Sackers’ response to DWP consultation

Background The DWP Green Paper on private sector DB pensions, “Security and sustainability in DB schemes”, sets out evidence about key challenges facing DB schemes and considers feedback from commentators. In this response General...

DWP consults on new employer debt option for multi-employer schemes

Introduction Back in 2015, the DWP issued a call for evidence (“the Call for Evidence”) in response to concerns about how the employer debt regime operates for employers in non-associated multi-employer schemes.  Seeking to address...