Takeover Panel proposes bidding companies disclose pension plans - UPDATED

clock

Companies bidding to buy firms in future will have to reveal what their plans are for the pension scheme, under proposals from the Takeover Panel.

The Takeover Panel has launched a consultation on proposals to force the bidder of a firm to state its intention with regard to the takeover target's pension scheme, provide documents to the scheme...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

News Digest: Pension fund demand drives resurgence of UK corporate bond market

News Digest: Pension fund demand drives resurgence of UK corporate bond market

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 20 February 2024 • 1 min read
Labour to retain triple lock if it wins general election

Labour to retain triple lock if it wins general election

AJ Bell calls on all political parties to ‘come clean’ on pensions

Jenna Brown
clock 20 February 2024 • 2 min read
Annuity sales reach post pension freedoms high in 2023

Annuity sales reach post pension freedoms high in 2023

ABI research finds annuity sales reached £5.2bn last year

Martin Richmond
clock 16 February 2024 • 3 min read
Trustpilot