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: further measures for savers

Introduction On 27 March 2014, the DWP issued a command paper (the “Paper”) proposing a range of measures aimed at improving the quality of workplace DC pension schemes.  The measures are driven by the large numbers of members now...

Pensions back on the EU agenda

Introduction The morning after the night before (the much publicised Farage/Clegg debate on Europe), the European Commission published a proposal for a new Occupational Pension Funds Directive with somewhat less fanfare. Long awaited,...

Budget changes for pensions: What’s happening on 27 March 2014?

Introduction Certain changes are being introduced with effect from 27 March 2014 to give greater flexibility for both DB and DC members now ahead of more radical changes from April 2015. The 2015 changes to the rules on the use of...

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...