UK - Billionaire Philip Green has put his bid for retail giant Marks & Spencer on hold pending talks on the pension scheme's £670m deficit.
Takeover talks at WHSmith were suspended last month when scheme trustees demanded that venture capitalist Permira clear the deficit as part of the deal.
Green – who has already had two bids turned down by M&S – is waiting to hear from the trustees, who have hired Credit Suisse First Boston to advise them, before making a third offer.
This week's top stories included Cardano announcing plans to acquire Now Pensions from a Dutch pension fund later this year.
Royal Bank of Scotland (RBS) faces a £102m impact on liabilities as a result of equalising guaranteed minimum pensions (GMPs), according to its annual results.
Malcolm Mclean says getting the channels of communication right and engaging more openly is a good starting point