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

Better late than never – The Pensions Act 2011

Introduction Having run out of time in the summer session, the Pensions Bill 2010-11 finally received Royal Assent today. The Pensions Act 2011 (the “Act”) brings into force several important changes, including the controversial...

Who’s Who? Identifying your statutory employer

Introduction In July 2011, TPR issued a statement: Identifying your Statutory Employer. It reminds trustees that they should “identify and assess the legal obligations of each of the scheme’s employers, as well as the nature and extent...

Employer Debt consultation: Sackers’ Response

Background We note that the DWP’s consultation on employer debt, published on 28 June 2011, is aimed at addressing concerns that the Employer Debt Regulations still unnecessarily inhibit corporate activity, in particular the ability...

Bridge too far? DWP set to legislate

Introduction The Supreme Court’s decision in the Bridge Trustees case1 was published on 27 July 2011. It addresses the dividing line between DB and DC benefits. How the benefit is classified makes a difference to the protections...

Employer Debt Revisited

Introduction Despite several changes over the years, many still consider that the Employer Debt Regulations1 unnecessarily inhibit corporate activity, in particular the ability of companies to restructure in response to economic changes....

No surprises: the RPI/CPI consultation response

Introduction The Government has published its response to consultation on the switch from RPI to CPI for increases to pensions in payment and revaluation in deferment. Its December 2010 consultation followed announcements last summer...

To the Budget 2011… and beyond!

Introduction Changes to pensions tax relief have been headline news since the former Labour Government first announced restrictions in April 2009. Since then, proposals for limiting relief have undergone significant changes, culminating in...