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.
Introduction On 12 February 2015, TPR published a consultation on guidance for trustees of DB schemes on member requests for transfers from DB to DC schemes. In this Alert Key points Background General issues for trustees Draft guidance...
Introduction On 4 February 2015, the FCA confirmed the final rules requiring firms that operate workplace personal pension schemes to set up and maintain independent governance committees (IGCs). In this Alert: Key points Background Who is...
Introduction On 4 February 2015, the government published the response to its October 2014 Command Paper regarding governance and charges in occupational pension schemes providing DC benefits (see our earlier Alert). The final...
Introduction The DWP is consulting on technical changes to automatic enrolment with a view to further simplifying the automatic enrolment process and reducing the administrative burden on employers. In particular, the DWP wants to ensure...
Introduction The recoverability of VAT on professional fees paid in respect of occupational pension schemes has been in the spotlight recently. Following two CJEU cases, HMRC issued two Briefs revising its original position on VAT and...
Introduction Transfers are emerging as one of the key issues for members of both DB and DC schemes when accessing the flexibilities promised by George Osborne in the March 2014 budget. Anecdotally few occupational DC schemes are likely to...
Introduction Still dealing with the fallout from the Chancellor’s announcements in the 2014 Budget, the UK pensions industry gave an audible sigh of relief on learning that, at least for the time being, George Osborne has no additional...
