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

Questions scheme website
To consult or not to consult? – that is the question

A question which often arises in the context of corporate transactions is whether there is a need to carry out a consultation under pensions legislation where pension changes are effectively a side-effect of the transaction. To give an...

Project management
Can a scheme’s end-game be to simply run on?

Notwithstanding the current economic climate, an increasing number of schemes seem to be finding themselves with a healthy funding position and the timeframe closing at some speed to being in a position to fully buy-out. This means that...

DWP consults on DB funding and investment strategy

Introduction Designed to implement new requirements set out in the PSA21 for DB schemes to have a funding and investment strategy (“the F&I Strategy”), and to submit a written statement of that strategy (“the Statement”) to...

What does high inflation mean for pension schemes?

For most of the past thirty years it is fair to say that if you were lucky enough to have a defined benefit (DB) pension then you didn’t need to worry about inflation too much. With the cost of living soaring this looks set to change....

Decumulation – changing DC pension savings into something you can spend

“Houston, we have a problem”. Although the DC mission to help employees save up for a pension has been going well with auto enrolment, it is about to stall, unless we find a better way of turning those savings into retirement income....

Spare a thought for your pension administrators

Administering occupational pension schemes is a tough gig. The past few months have seen a steady stream of new legislation which has meant administrators have had to make significant changes to their processes, systems and documentation...

Member Communications: Does it need a legal review?

Trustees issue lots of communications to their beneficiaries. Some are day to day comms, others are a one-off. Some go to the whole membership and others go to one beneficiary. Some are just for information, others require the recipient to...