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

DWP consults on the disclosure of costs, charges and investments in DC occupational schemes

Introduction On 26 October 2017, the DWP launched a consultation seeking views on the policy and proposed regulations for how costs and charges information should be published and made available to members; and for members to request...

DC briefing – October 2017

The DC briefing (PDF) highlights topical news on DC pensions from a legal viewpoint. In this briefing: Update on costs and charges TPR finds improvements needed in DC governance Keep your eye on your member communications Spotlight:...

FCA publishes Policy Statement on transaction cost disclosure in workplace pensions

Introduction On 20 September 2017 the FCA published Policy Statement 17/20, on “Transaction cost disclosure in workplace pensions”. Click here for a PDF version of this Alert. In this Alert Key points Background Facilitating the...

Extension of the ban on member-borne commission

Introduction Following the publication of the Government’s response to consultation earlier this year, regulations to implement the second phase of the member-borne commission ban will come into force with effect from 1 October 2017. For...

Monitoring DC risk – the risk register

Trustees have a legal duty to establish and operate adequate “internal controls” to ensure that their scheme is run in accordance with the scheme rules and legal requirements. The primary focus of internal controls is a scheme’s risk...

DC briefing – August 2017

The DC briefing (PDF) highlights topical news on DC pensions from a legal viewpoint. In this briefing: Existing master trusts – new obligations DC tracker Spotlight: Value for members...

Response to consultation on safeguarded benefits and the advice requirement

Introduction On 6 July 2017, the DWP published a response to its autumn 2016 consultation (see our Alert) on valuing pensions for the advice requirement and introducing new consumer protections. For a PDF of this Alert click here. In this...