Early retirement TUPE ruling will complicate M&As - Mercer

clock

A recent ruling classing early retirement benefits as the responsibility of the acquiring company in an asset deal will add "cost and uncertainty" to mergers and acquisitions, Mercer says.

Last month a high court judge ruled in the case Proctor & Gamble vs Svenska Cellulosa Aktiebolaget that the transferee in an acquisition - the company acquiring a business - is responsible for earl...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Benefit

Partner Insight: Securing protection for trustees

Partner Insight: Securing protection for trustees

Aon
clock 17 June 2025 • 1 min read
Clara announces superfund deal with Church Mission Society Pension Scheme

Clara announces superfund deal with Church Mission Society Pension Scheme

Deal is both first in charitable sector and first to make use of connected covenant structure

Jonathan Stapleton
clock 17 June 2025 • 9 min read
What will the 2025 LGPS valuations have in store?

What will the 2025 LGPS valuations have in store?

Rob Bilton says the 2025 valuations will not just be about numbers

Rob Bilton
clock 12 June 2025 • 4 min read
Trustpilot