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 The FCA has been working with the DWP and TPR to design a package of reform measures, aimed at helping to ensure that all workplace pension schemes are of high quality and offer value for money (VfM). On 6 August 2014, the FCA...
Introduction Last week, the Government published its response to the consultation on “Reshaping workplace pensions for future generations” (see our Alert) and a new Pension Schemes Bill (the “Bill”). The main purpose of the...
Introduction The position in relation to the recoverability of VAT on professional fees paid in respect of occupational pension schemes has been in the spotlight recently. HMRC has issued two Briefs, Brief 06/14 and Brief 22/14, which...
Background The 2014 Budget proposed significant changes on the use of individuals’ DC pension pots at retirement. HM Treasury’s consultation “Freedom and choice in pensions”, published alongside the Budget, proposes a general...
In this response: Background Respondent information General comments Administration Master trusts Trust-based governance Transparency Background The DWP’s command paper published on 27 March 2014 proposes a range of measures aimed at...
Introduction The DWP has published final Regulations following the October 2013consultation on reclassifying DC benefits in the wake of the Bridge Trustees case. The Supreme Court’s July 2011 decision in Bridge...
Introduction Following a consultation in 2013 (please see our Alert), on 1 May 2014 TPR published a master trust assurance framework which aims to enable trustees of master trusts to demonstrate to employers that their scheme is managed...
