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

The Government defines its ambition

Introduction On 22 November 2012, the Government unveiled its strategy for “Reinvigorating workplace pensions”. The proposals build on the Coalition Agreement commitment to put in place “arrangements that result in the...

RPI 2.0 – ONS consultation on changing the index

Introduction Pensions trustees could be forgiven for taking a deep breath and thinking “here we go again” as the ONS consults on making changes to RPI. Following Government announcements in the summer of 2010, CPI replaced RPI...

TPR’s recipe for good DC provision

Introduction Over the last five years, TPR has responded to the growing prominence of DC provision by publishing a number of statements, Q&A guidance notes and detailed discussion papers. In doing so, it has sought to provide a...

TPR consults on revised “contribution” codes and accompanying guidance

Introduction TPR believes that ensuring the right contributions are paid into schemes at the right time will be key to the ongoing success of automatic enrolment. With this in mind, it has revised its current codes of practice on late...

Improving transfers and dealing with small pension pots

Introduction The Government expects the introduction of automatic enrolment to lead to the proliferation of dormant DC pension pots. With this in mind, on 15 December 2011, the DWP issued a consultation seeking views on proposals to...

Sackers’ Response to the DWP’s Automatic Transfers and Small Pots Consultation

Background Three options are proposed in on the DWP’s consultation on “Meeting future workplace pension challenges: improving transfers and dealing with small pension pots”: minor changes to the current system to make...

Abolition of DC contracting-out: final regulations published

Introduction With effect from 6 April 2012, contracting-out on a DC basis (protected rights) will be abolished.1 On 29 February 2012, the DWP published its response to consultation, together with regulations aimed at assisting trustees in...