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

Key pension dates and deadlines 2018 – are you ready?

Introduction As has become customary for the pensions industry, April heralds a number of changes, and 2018 is no exception. Click here for a PDF of this Alert. In this Alert Key dates TPAS’ dispute resolution function to move to TPO...

A simplified process for DC scheme consolidation

Introduction The DWP has finalised its proposals to simplify the process for consolidating DC pension schemes while maintaining member protection. The Occupational Pension Schemes (Preservation of Benefit and Charges and Governance)...

DC briefing – March 2018

The DC briefing (PDF) highlights topical news on DC pensions from a legal viewpoint. In this briefing: Authorisation regime for master trusts Chair’s annual governance statement DC bulk transfers without consent set to be simplified...

Consultation outcome – Improving disclosure of costs, charges and investments

Introduction On 26 February 2018, the DWP published the response to its consultation on the disclosure of costs, charges and investments in DC occupational schemes, together with a link to the final regulations. Click here for a PDF of...

Occupational Pension Schemes (Master Trusts) Regulations 2018 – Sackers’ response to consultation

Background The DWP is seeking views on the draft regulations that will fully commence the new authorisation and supervisory regime for Master Trust schemes under the provisions of the Pension Schemes Act 2017 (“the 2017 Act”). In this...

The Occupational Pension Schemes (Preservation of Benefits and Charges and Governance) (Amendment) Regulations 2018

Background The DWP is consulting on draft regulations that are intended to simplify the bulk transfer of DC pensions without member consent. In this response: General comments Removal of the requirement for an actuarial certificate Removal...

Consultation on changes to DC bulk transfers without consent

Introduction Recognising that the current legislation’s drafting is causing problems in practice, the DWP has issued a consultation to seek views on draft regulations (“the Regulations”) to simplify requirements for DC to DC bulk...