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

Mansion House 2024: Government proposes pensions “megafunds”

Introduction The Chancellor, Rachel Reeves, delivered her first Mansion House speech on 14 November 2024. Following the avalanche of pensions reforms announced by former Chancellor Jeremy Hunt in 2023, this year’s speech confirmed plans...

Hot Topic: CDC schemes – the future of pensions? – November 2024

Building on “significant appetite from industry”, the DWP has published a consultation on extending the CDC framework to enable whole-life unconnected multiple employer CDC schemes, including master trusts. This Hot Topic sets...

Autumn Budget 2024

Introduction The first female Chancellor, Rachel Reeves, delivered the new Government’s Autumn Budget on 30 October 2024. Rumours of subjecting employer pension contributions to NI proved unfounded, with pension changes crucially...

April 2024 – what’s changing?

Introduction Several changes are coming into effect on and around 6 April 2024 and beyond. Where necessary, trustees and employers should seek advice on what those changes mean for their schemes and on any preparatory steps they should be...

Spring Budget 2024 and beyond

Introduction The Chancellor, Jeremy Hunt, delivered his Spring Budget 2024 today. Following last year’s announcements of major pensions tax changes, the pensions news this year centres on long-term growth and the further evolution of the...

Mansion House Reforms – the pensions avalanche

Introduction As widely trailed in the press, the Chancellor, Jeremy Hunt, delivered his Mansion House speech last night. Being guided by three golden rules, including seeking to secure the best possible outcomes for pensions savers, he...

What’s changing on 6 April?

  It’s been hard to miss that pensions was a key area in the Spring Budget, but in all the excitement, it can be easy to lose track of exactly what’s changing.  So here is a quick recap of those changes, along with a reminder of...