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 changes in force from 1 October

Introduction Several key changes are coming into effect from 1 October 2021 under the Pension Schemes Act 2021 (“PSA21”) and beyond. Where necessary, trustees and employers should seek advice on what those changes mean for their...

DWP Collective Money Purchase Schemes consultation

Introduction On 19 July 2021, the DWP published a consultation seeking views on the draft Occupational Pension Schemes (Collective Money Purchase Schemes) Regulations 2021 (“the Regulations”) and associated consequential changes that...

New contribution notices under PSA21 – TPR consults on code of practice changes

Introduction On 27 May 2021, TPR published a consultation on draft changes to Code of Practice 12 (to be titled “Contribution Notices: Circumstances in relation to the material detriment test, the employer insolvency test and the...

Key April dates and issues for your diary

Introduction Whilst we have been living through an unprecedented year, as usual the start of April heralds a number of changes for pensions. Click here for a PDF of this Alert. In this Alert Key dates Off-payroll working – rule changes...

Budget Day 2021

Introduction Rishi Sunak delivered his much trailed second Budget today. Much of his focus was of course on helping the economy bounce back in these “unprecedented” times, by protecting jobs and livelihoods. Measures designed to...

Pension Schemes Act 2021 – the dawn of a new regulatory era?

Introduction Several years in the making, the Pension Schemes Act (“the Act”) finally received Royal Assent on 11 February 2021. Key elements of the new Act include beefing up TPR’s powers, changes in relation to scheme funding, and...

Budget Day 2020

Introduction After only a few weeks in the job, the Chancellor, Rishi Sunak, today delivered his first Budget. Whilst much of his focus was on shoring up the NHS, the economy, and business during unprecedented times, key changes to the...