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 workplace pensions: Putting savers’ interests first – Sackers’ response to consultation

Background On 17 October 2014, the DWP published a Command Paper which includes its response to the consultation on minimum governance standards and certain questions on transparency.  The Command Paper DWP is now consulting on draft...

DC default fund charge cap: what’s in & what’s out?

In scope of the default fund charge cap on member-borne deductions. All member-borne deductions relating to scheme and investment administration paid to the pension provider or other third party Set-up fees Scheme-level entry fees; both on...

Better workplace pensions: putting savers’ interests first

Introduction On 17 October 2014 the DWP published a Command Paper which includes its response to the consultation on minimum governance standards and certain questions on transparency, as well as a new consultation on draft regulations on...

Taxation of Pensions Bill

Introduction The Taxation of Pensions Bill (the Bill) was formally published on 14 October 2014.  This follows the publication of a draft of the Bill in August (see our Alert on the Draft Taxation of Pensions Bill). This Bill is designed...

DC briefing – October 2014

Welcome to the first edition of our DC briefing, which highlights topical news on DC pensions from a legal viewpoint. We are living in times when DC pensions are regularly hitting the headlines and generating political debate.  All eyes...

Retirement reforms and the Guidance Guarantee – Sackers’ response to consultation

Background The FCA is consulting on proposed standards for delivery partners (CP14/11) in connection with the “Guidance Guarantee” that was announced at Budget 2014. This forms part of the package of changes to the pensions tax rules,...

The Draft Taxation of Pensions Bill – Sackers’ response to consultation

Background HMRC is consulting on draft legislation – The Taxation of Pensions Bill – and other documents for the changes to the pensions tax rules announced at Budget 2014 that give individuals greater flexibility to access...