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.
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...
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...
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...
Background TPR’s latest consultation sets out its proposed approach to compliance in relation to occupational DC trust-based schemes. The draft policy outlines TPR’s expectations for compliance with relevant pensions legislation, as...
Introduction The DWP has published a consultation paper on reclassifying DC benefitsfollowing the Bridge Trustees case. The Supreme Court’s July 2011 decision in the Bridge Trustees concluded that it was possible for certain...
Introduction The OFT’s market study published in September 2013 found that competition alone cannot be relied upon to drive value for money for all savers in DC workplace pensions, because of weakness on the buyer side of the market...
Introduction Pension liberation continues to be a major focus for pension scheme trustees faced with transfer requests from members wishing to move their assets from their current workplace pension scheme to another arrangement. The...
