Proposed changes to the Takeover Code will "empower" trustees to protect member interests during a bid, the National Association of Pension Funds has said.
The Takeover Panel 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's t...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership, providing you access to:
- 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
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
