Sebastian Cheek looks at industry support for a requirement that companies declare their intentions for pension schemes run by potential takeover targets.
The industry broadly supports calls for companies engaging in mergers and acquisitions to disclose their intention for the target company pension scheme prior to the deal. However, this should not compromise...
The Centre for Social Justice is calling for the state pension age to be raised to 70 by 2028 and to 75 by 2035, a much faster rise than currently planned.
The High Court has blocked the £12bn transfer of Prudential's annuity book to Rothesay Life, citing the insurer's lack of "established reputation" and differing "capital management policies".
This week's top stories included Legal & General acquiring MyFutureNow to provide a dashboard service to customers, while also agreeing a hybrid buy-in with a Hitachi scheme.