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 Risk Based Levy changes – move to Experian

Introduction On 20 March 2014, the PPF issued an announcement giving information about its move to replace D&B with Experian as its insolvency risk provider and explaining what schemes can do to prepare. In this Alert: Key points  PPF...

PPF’s levy determination for 2014/15

Introduction The PPF’s levy determination for 2014/15 was published in December 2013. In this Alert: Key points  Contingent Assets Re-characterisation of money purchase benefits Key dates Action Looking further ahead Key points From...

2014/15 Pension Protection Levy Consultation: Sackers’ response

Background The PPF published its consultation on the 2014/15 Pension Protection Levy Determination on 5 September 2013.  The PPF’s intention is that the levy parameters are unchanged for 2014/15, meaning the total levy will be £695...

PPF: Assessment of Guarantor Strength & the Impact of Insolvency

Introduction In December 2012, the PPF revised its contingent assets guidance (the “Guidance”) for the levy year 2013/14, with the aim of giving schemes “a better steer” on what to consider when planning to use...

Contingent Assets 2013/14: Revised guidance on certification of guarantor strength

Introduction The PPF has revised its contingent assets guidance (the “Guidance”) for the levy year 2013/14 with the aim of giving schemes “a better steer” on what to consider when planning to use guarantees as...

2013/2014 PPF levy consultation

Introduction The PPF’s recent consultation document sets out the basis on which it intends to charge the Pension Protection Levy (the “Levy”) for the 2013/14 levy year. In this Alert: Key points Why is the levy rising?...

GMP Equalisation Consultation: Sackers Response

Background The DWP’s consultation on equalising groups includes regulations and a possible equalisation method which propose changes to the Equality Act 2010 and the Pensions Act 2004 (the Acts) to remove the requirement for a...