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 TPR has published new guidance on assessing and monitoring the employer covenant of a DB pension scheme. Replacing TPR’s original 2010 guide to “monitoring employer support”, the new guidance is designed to provide...
The Pensions Act 2008 enhanced TPR’s anti-avoidance powers by enabling it to impose a contribution notice, in certain circumstances, where an act or failure to act has a materially detrimental effect on the likelihood of members’...
The Pensions Act 2008 enhanced TPR’s anti-avoidance powers by enabling it to impose a CN, in certain circumstances, where an act or failure to act has a materially detrimental effect on the likelihood of members’ benefits being...
In order to protect the benefits of pension scheme members and to ensure that pension liabilities are not avoided or unsupported, the PA04 gave TPR the power to issue: contribution notices (requiring payment to be made into a scheme);...
Introduction On 12 February 2015, TPR published a consultation on guidance for trustees of DB schemes on member requests for transfers from DB to DC schemes. In this Alert Key points Background General issues for trustees Draft guidance...
Introduction On 4 February 2015, the government published the response to its October 2014 Command Paper regarding governance and charges in occupational pension schemes providing DC benefits (see our earlier Alert). The final...
Each UK occupational pension scheme must comply with the cross-border provisions of the PA04 which transposed the requirements of the European Pensions Directive into UK law. The cross-border provisions were designed to protect members of...
