Three pension schemes sponsored by Anglo American Services (UK) Ltd (“Anglo”) have completed buy-ins totalling £785m with Legal & General. The buy-ins were completed as part of a combined transaction and secured the benefits of over 5,100 pensioners and 2,500 deferred members. Sackers advised Anglo and the trustees of the Anglo UK Pension Scheme.
Tony
Blog - Sackers
Latest from Blog - Sackers
Jacqui Reid comments on importance of targeted support for trust-based pension schemes
The FCA is currently consulting on proposals to introduce targeted support for pensions as part of the Advice/Guidance Boundary Review. As part of an article in Pensions Age, partner Jacqui Reid comments on how these proposals might apply to trust-based schemes so that trustees have the necessary comfort that allows them to provide targeted support…
Nigel Cayless examines pensions reforms in Solicitors Journal
In an article for Solicitors Journal, Nigel Cayless discusses the government’s focus on pension reforms in regards to economic growth. With a focus on consolidation and surplus unlocking, these reforms seek to attract more investment and further the Governments economic goals. Nigel examines the potential scale of these changes, and what they could mean for…
Sackers at PLSA Investment Conference 2025
With the PLSA Conference in Edinburgh almost upon us, we are really looking forward to seeing everyone.
Come and meet Paul Phillips, Jacqui Reid, Andy Lewis, Polly Ehrman, Sam Taylor, Georgina Stewart and Charlotte Bracken at stand B2 in the exhibition hall. We’d love to chat to you about how to…
Sackers celebrates IWD 2025 with the Female Forum
We were delighted to co-host the Pension Chapter of the Female Forum’s International Women’s Day 2025 event. The theme of the gathering this year was Voices of Leadership and Legacy and it focused on sharing and highlighting inspiring leadership stories from trailblazing women.
Nora Stolz began proceedings with a spotlight interview featuring Tule Park, founder…
Sackers strengthens business development team
Sackers announces the appointment of Charlotte Bracken and Max Berlevy to its Business Development team.
Charlotte Bracken returns to Sackers as a Senior Business Development Manager, where she will lead client relationship initiatives and drive the ongoing evolution of the firm’s highly respected client relationship programme. In this role, she will manage relationships with professional…
Jacqui Reid explores “Does bigger really mean better?”
The Mansion House reforms are poised to significantly reshape the Defined Contribution (DC) pension landscape. In her latest article, partner Jacqui Reid explores whether the government should shift its focus from consolidation to addressing the adequacy of retirement savings instead.
Jacqui questions whether the government’s focus on consolidating DC pension funds into larger “megafunds” will…
Sackers survey reveals ongoing confusion over IHT proposals and 2025 pension priorities
Today Sackers announced the results of our most recent webinar survey. Its results show ongoing confusion in the industry around Inheritance Tax (IHT) proposals and 2025 priorities alongside some mixed views with the Government’s plans for DC.
Helen Ball commented: “Our survey asked attendees about the most important changes they’d like to see happen in…
Sackers publishes 2024 risk transfer highlights
Last year we advised on risk transfer transactions totalling over £7.9bn, including four transactions over £1bn. We are active in all areas of the market, working on all types and size of transaction, including advising the General Council of the Bar Pension and Life Assurance Fund in a £20m buy-in, the first PIC Mosaic transaction…
Jacqui Reid comments on FCA’s advice guidance boundary review
Jacqui Reid, Partner comments: “The targeted support proposals are a very welcome and positive step towards improving support for DC pension scheme members at key junctures in their savings journeys. The pensions industry has a mountain to climb when it comes to ensuring adequacy for DC members in retirement.
Consumers therefore need greater access to more…