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

Draft Finance Bill 2016 – any tidings of comfort and joy?

Introduction On 9 December 2015, the Government published draft clauses for the Finance Bill 2016 (“the Bill”) for consultation, with a view to introducing a number of provisions that were announced by the Chancellor in the Summer...

Finance (No.2) Act 2015

Introduction The Finance (No. 2) Bill 2015 (“the Bill”) received Royal Assent on 18 November 2015 and is now known as the Finance (No. 2) Act 2015 (“the Act”). The Act, which introduces a number of provisions that were announced by...

Pension transfers and early exit charges: consultation

Introduction The Government issued a consultation on 30 July 2015, seeking views on options to address possible barriers to people switching their pensions to access the new DC freedoms including, excessive early exit penalties, the...

Abolition of DB contracting-out: Countdown to April 2016

Introduction Alongside the introduction of a new single tier state pension, contracting-out on a DB basis will come to an end with effect from 6 April 2016.  In preparation for this, regulations to preserve certain contracted-out rights...

Summer Finance Bill 2015

Introduction On 15 July 2015, the Government published its Summer Finance Bill (“the Bill”) with a view to introducing a number of provisions that were announced by the Chancellor in his Summer Budget. In this Alert Key points...

Summer Budget 2015

Introduction In the first Conservative Budget since 1996, the Chancellor of the Exchequer has again turned his attention to pensions. In this Alert Key points Reduction of the AA for high earners Consultation on pensions tax relief Pension...

General Election 2015: Party policies on pensions

Introduction With a week to go before the General Election, representatives of all political parties are criss-crossing the country in search of votes.  But with polls too close to call, it is virtually impossible to know how the pensions...