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

Budget 2014: Never a quiet year for pensions

Introduction Having been expected to give pensions a wide berth, George Osborne’s fourth Budget as Chancellor (delivered on 19 March 2014) heralded some significant changes for DC schemes aimed at generating flexibility for members...

Reshaping workplace pensions for future generations – response to consultation

Background The DWP consultation on reshaping workplace pensions for future generationsseeks views on the Government’s proposals for alternatives to the traditional DB and DC models of pension provision, in the form of “defined...

Assurance reporting on master trusts: response to consultation

Background The ICAEW consultation on its proposed framework for assurance reporting on master trusts, produced in partnership with the Pensions Regulator, is designed to help trustees of DC Master Trusts demonstrate to potential and...

Reclassifying DC benefits – Sackers’ response to consultation

Background The DWP’s consultation on the draft Regulations that provide transitional, supplementary and consequential measures supporting the commencement of section 29 of the Pensions Act 2011 seeks views on the Government’s...

Charges: response to consultation

Background The DWP’s consultation paper, Better workplace pensions: a consultation on charging asks for views on whether a cap on charges in default funds should be introduced. The consultation sets out three options for a cap. Option...

TPR publishes suite of DC documents

Introduction TPR’s code of practice for trust-based DC pension schemes (the Code) came into force on 21 November 2013.  To coincide with the Code coming into effect, TPR has issued final versions of its compliance and enforcement policy...

The Government redefines its ambition

Introduction On 7 November 2013, the DWP unveiled its plans for “Reshaping workplace pensions for future generations”.  The consultation, which follows the DWP’s November 2012 paper on Reinvigorating workplace pensions (see...