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 briefing – October 2022

The DC briefing (PDF) highlights topical news on DC pensions from a legal viewpoint. In this briefing: On the horizon Pensions dashboards – update High inflation – key issues and...

Hot topic: Rising inflation – considerations for DB and DC schemes

Cost of living increases have reached levels unprecedented in recent history. CPIH rose by 8.8% in the 12 months to July 2022, the highest annual rate since December 1990. High inflation has wide implications for pension schemes and...

DC “Simpler Statement” requirements to apply from October 2022

If you work in pensions and can’t say “I know what simpler annual benefit statements are”, you’ll want to read this. The new legal requirements for a shorter, simpler annual member statement for certain schemes (which we last...

Call for evidence – Helping savers understand their pension choices

Introduction The DWP published a call for evidence on 14 June 2022 to explore what support members of pension schemes need to help them make informed decisions about how to use their savings. It will also seek to understand what support...

Hot topic: DC AVCs – DB schemes beware!

DB schemes that provide DC AVCs must comply with certain DC requirements. Read our Hot topic...

What does high inflation mean for pension schemes?

For most of the past thirty years it is fair to say that if you were lucky enough to have a defined benefit (DB) pension then you didn’t need to worry about inflation too much. With the cost of living soaring this looks set to change....

Stronger (Nudge) than yesterday

Stronger than yesterday. Or at least come 1 June, if your scheme contains DC benefits, you’ll need to be. Why? Because in January the DWP published final regulations[1](the “Regulations”) requiring DC trustees to implement a Stronger...