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

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...

TPR Publishes New Code of Practice for DC Schemes

Introduction Following a consultation earlier this year1, today, 11 July 2013, TPR has published its new code of practice for trust-based DC schemes (the “DC Code”). The DC Code will apply to trustees of all occupational DC...

Automatic Transfers for DC Pension Pots

Introduction The introduction of automatic enrolment is expected to lead to the proliferation of dormant, often small, DC pension pots. The Government intends to address this with a system of automatic transfers to a new employer’s...

Pension Liberation – what trustees need to know

Introduction There is growing evidence of a rise in pension liberation schemes and the systematic targeting of vulnerable members. This is not new; such schemes have been around for many years but often become more aggressive during times...

Sackers’ Response to DWP Consultation on the Disclosure Regulations 2013

Background The DWP’s consultation on The Occupational and Personal Pension Schemes (Disclosure of Information) Regulations 2013 (the Regulations) seeks to: streamline the regulations on disclosure, harmonising the terminology used...