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

PPF approves GMP equalisation solution

Following a consultation back in April 2008, the Board of the Pension Protection Fund (PPF) has finally outlined how it intends to equalise compensation between men and women, to address any inequalities arising from their entitlement to...

GMPs – trying for a conversion?

As this year’s Six Nations Championship gathers pace, the northern hemisphere rugby union fraternity is steadily getting to grips with “experimental law variations”. From 6 April 2009, a new pensions law variation takes...

GMP Conversion: Sackers’ response to consultation

Background We are writing in response to the consultation on the draft The Occupational Pension Schemes (Contracting-out)(Amendment) Regulations 2009 published on 2 September 2008. In this response: DC Schemes with GMP Underpin Transfers...

GMP conversion – the facts

Amendments made to the Pension Schemes Act 1993 by the Pensions Act 2007, included a facility to allow contracted-out occupational pension schemes to convert members’ Guaranteed Minimum Pensions (GMPs) into ordinary scheme benefits....

The requirement under section 171 of the Pensions Act 2004 to equalise compensation to allow for differences in the GMP formula

Sacker & Partners LLP has submitted a response to the consultation of the Pension Protection Fund (PPF) on the “Requirement under section 171 of the Pensions Act 2004 to equalise compensation to allow for differences in the GMP...

GMPs – a giant leap towards simplification?

It is clear from both the Government’s Green Paper published on 17 December 2002 and it “Action Plan” published on 11 June 2003, that it has been pondering what to do about simplifying guaranteed minimum pensions (GMPS)...