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.
Introduction Hailed by TPR as the “last piece of the jigsaw to help schemes carry out valuations under the new DB funding code”, yesterday TPR published its revamped covenant guidance (“the Guidance”). Building on the detail in the...
With the new DB funding regime now in force (albeit with some detail still missing), in this Hot Topic we summarise the new requirements and set out key actions for trustees and employers. In this Hot Topic: The main headlines What’s...
Introduction After months of speculation, the final draft DB funding code (“the Code”) was laid before Parliament today, with TPR hailing it as “a key milestone in delivering the significant package of work to improve the...
Introduction TPR’s latest annual funding statement was published on 24 April 2024. With the majority of schemes estimated to have improved funding positions, and in light of the Mansion House reforms announced in the year since the last...
Introduction The first document in the new funding regime jigsaw has now been issued in final form. Designed to implement new requirements set out in the PSA21 for DB schemes to have a funding and investment strategy (“the F&I...
Introduction TPR’s latest annual funding statement (the “statement”) was published on 27 April 2023. With the majority of schemes estimated to have improved funding positions, TPR encourages trustees to consider if their long-term...
Introduction On 16 December, TPR delivered its long anticipated second consultation on a new draft DB funding code. The draft code is designed to form an essential double-act with the DB funding and investment strategy regulations...
