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

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...

Consultation on switch to CPI: Sackers’ Response

Background The DWP’s consultation, “The impact of using CPI as the measure of price increases on private sector occupational pension schemes” was published on 8 December 2010. The consultation followed the Coalition...

New Year, New Pensions Bill

Introduction Published on 13 January 2011, the Pensions Bill (the “Bill”) deals with several of the changes to pensions policy announced by the Coalition Government last year; primarily the increase in SPA, amendments to the automatic...

Guidance on incentive exercises / annuities legislation – the pre-Christmas flurry

Introduction The pensions pre-Christmas rush is in full swing. With only 12 shopping days to go, key institutions are racing to get their publications out of the door. The latest festive offerings come from TPR and HM Treasury...