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

DC schemes: Sackers’ response to TPR’s compliance and enforcement policy consultation

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...

Reclassifying DC benefits following Bridge Trustees

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...

Charges Cap Proposed for DC Schemes

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...

Pension liberation: Latest news

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...

Master trust draft assurance framework published

Introduction TPR and the Institute of Chartered Accountants of England and Wales (ICAEW) have issued a consultation on a draft independent assurance framework for master trusts. In this Alert: Key points Background Master trusts...

Consultation on TPR’s DC compliance and enforcement policy

Introduction TPR has issued a consultation on its compliance and enforcement policy for occupational DC trust-based schemes, together with its overall strategy for regulating all DC schemes. In this Alert: Key points  TPR’s DC...

Quality standards in workplace defined contribution pension schemes: Response to DWP call for evidence

Background From its latest call for evidence on quality standards in workplace DC schemes, the DWP is looking to gain a greater understanding of the extent to which key standards of governance, investment and administration are currently...