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 The Government has today published its final plans for the restriction of pensions tax relief. In a move which will come as a relief to many DB scheme members, the revised AA has been set at £50,000 – higher than...
Background From April 2011, the Government’s intention is that tax relief on pension savings should be reformed – to reduce the complexity introduced by the former Labour Government’s plans for restricting pensions tax relief,...
Introduction The pensions industry breathed a collective sigh of relief when A-Day (6 April 2006) came and went, and the world did not end. Since then, transitional arrangements have lurked beneath the surface of the pensions world keeping...
Introduction In the Coalition Government’s emergency Budget on 23 June 20101, the Chancellor, George Osborne, announced a review of the former Labour administration’s plans2 to restrict tax relief on pension savings for high earners....
Introduction In the Coalition Government’s first Budget, the Chancellor George Osborne declared Britain “open for business”. However, billed by the Treasury as a Budget to tackle the deficit and restore confidence in the economy,...
Introduction Prior to the FA04, exempt approved occupational pension schemes were required to keep any actuarial surplus within certain parameters. One of the ways in which surplus could be reduced was via a payment to the employer...
So, David Cameron is Prime Minister and the Conservatives have entered a coalition with the Liberal Democrats to form a Government. What does this mean for pensions policy? Summary Iain Duncan Smith is the new Secretary of State for Work...
