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

The 2020/21 PPF Levy Determination

Introduction On 16 December 2019, the PPF published its final levy rules for the 2020/21 levy year. Click here for a PDF of this Alert. In this Alert Key points Addressing the impact of GMP equalisation Type A contingent assets –...

GMP equalisation – DWP guidance published on using conversion legislation

Introduction Just in time for Easter, the Government has published its long awaited guidance on using the GMP conversion legislation to help crack the GMP equalisation conundrum. The culmination of work carried out by the DWP’s industry...

Key pension dates and deadlines 2019 – are you ready?

Introduction Whilst all was quiet on yesterday’s spring statement front, and uncertainty remains on what will become of Brexit by the end of March, April as usual heralds a number of changes for pensions. Click here for a PDF of this...

A stronger Pensions Regulator – the Government responds

Introduction On 11 February 2019, the Government published a response to its consultation on bolstering TPR’s powers which it believes will help TPR “to meet [its] ambition to be ‘clearer, quicker, and tougher’”. Click here for a...

The 2019/20 PPF levy determination

Introduction On 12 December 2018, the PPF published its final levy rules for the 2019/20 levy year. Click here for a PDF of this Alert. In this Alert Key points Commercial consolidators GMP equalisation and insolvency risk scores...

DWP consults on DB consolidation vehicles

On 7 December 2018, the DWP published its latest consultation promised by this year’s White Paper (see our Alert), setting out its proposals for a new legislative framework for authorising and regulating DB “superfund” consolidation...

The High Court decides – how to solve a problem like GMP equalisation

Introduction The High Court handed down its highly anticipated decision in Lloyds Banking Group Pensions Trustees Ltd v Lloyds Bank plc and others on 26 October 2018, concluding that benefits do need to be equalised for the effect of GMPs....