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.
The FCA’s new consumer duty aims to set higher and clearer standards of consumer protection across financial services, requiring firms to put their consumers’ needs first. It applies from 31 July 2023, for new products and services and...
The natural inclination is to ‘do’. It is human instinct. Do something; do anything; do everything. Never is that urge stronger than when what looks like seismic changes appear in the rear-view mirror. The type of changes like those...
Introduction As widely trailed in the press, the Chancellor, Jeremy Hunt, delivered his Mansion House speech last night. Being guided by three golden rules, including seeking to secure the best possible outcomes for pensions savers, he...
The only certainty in the pensions industry (in my experience anyway) is that there is no such thing as a quiet year. Now that the dust has settled on the Spring Budget tax changes, it is an opportune time to look at what the future might...
The DC briefing (PDF) highlights topical news on DC pensions from a legal viewpoint. In this briefing: Spring Budget 2023: AA and LTA changes Progress towards a common VFM framework What’s on the horizon TPR’s guidance on equality,...
It’s been hard to miss that pensions was a key area in the Spring Budget, but in all the excitement, it can be easy to lose track of exactly what’s changing. So here is a quick recap of those changes, along with a reminder of...
Smaller DC schemes face growing pressure to consolidate. Increasing regulatory requirements, and associated running costs, can make master trusts and group personal pension plans attractive alternative propositions. Small schemes are a...
