Georgina Jones, partner, comments: “We welcome the DWP’s efforts to refine the transfer regulations and make the process work more effectively for pension savers while maintaining important protections against scams. While the proposed “reputable scheme” concept has the potential
Blog - Sackers
The Sackers blog focuses on developments and issues in the UK pensions sector, including trusteeship, pension scheme governance, administration standards, and regulatory consultations. It covers topics such as the role and responsibilities of pension trustees, innovations in pension scheme management, and government reforms affecting defined contribution and collective defined contribution schemes. The blog features expert commentary on regulatory guidance from The Pensions Regulator and government consultations aimed at improving pension outcomes and administration. It addresses challenges faced by pension schemes of various types and sizes, emphasizing legal and practical considerations for trustees and administrators.
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Confidence in CDC adoption remains low despite growing policy momentum, Sackers survey finds
Confidence that Collective Defined Contribution (CDC) pension schemes will become widely adopted remains low, despite growing political and regulatory momentum, according to a new webinar survey by Sackers.
Polling conducted during a recent webinar* found that 61% of respondents were…
Sackers responds to HMRC Surplus Consultation
Janet Brown, partner, comments: “Hot on the heels of the DWP’s consultation on new regulations for releasing surplus from ongoing DB schemes (issued 10 June), HMRC has joined the summer of surplus consultation party, issuing its own consultation on…
Sackers shortlisted for Women in Pensions Award
We are delighted to be shortlisted for the Organisational Award for Supporting Diversity at the Women in Pensions Awards, recognising our ongoing commitment to fostering an inclusive and diverse workplace.
Hosted by Professional Pensions, the winners will be announced at…
Solving the DC retirement puzzle
We were delighted to participate in the latest Female Forum Pension Chapter breakfast roundtable, which brought together 30 pension industry leaders to discuss how to solve the DC retirement puzzle.
We were privileged to hear from Georgia Smith, Senior Investment…
Helen Ball discusses DC pension reform’s next chapter in Pensions Expert
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Michael Jones joins Sackers
Sackers today announces the appointment of Michael Jones as a partner.
David Saunders, senior partner, said: “Michael is an outstanding DC lawyer with extensive experience advising own-trust schemes, master trusts, and providers. His arrival further builds on our established…
Sarah Henderson writes for Corporate Adviser – Smart governance in an age of AI
Sarah Henderson, associate director, explores how modern governance frameworks for pension schemes need to evolve as more members turn to AI to help them make decisions about their retirement.
Read the full article in Corporate Adviser.
Sackers recruits new associates
Sackers today announced the appointment of Louise McRae and Annabella Hwang as associates, bringing the firm’s total number of lawyers to 79.
David Saunders, senior partner, commented: “As the leading specialist law firm to the pensions industry, we continue to…
A surplus of publications?
There was a double dose of publications yesterday with the Pensions Regulator (TPR) issuing a statement New defined benefit surplus flexibilities and the Government (DWP) publishing its consultation on: Surplus Flexibilities for Defined Benefit Pension Schemes: Unlocking Value for Employers…