TRUSTEES should prepare themselves in advance for the possibility of their sponsor company being taken over or merged with another firm, Hymans Robertson urges.
The trustee consulting firm said while many trustees may have limited powers to derail a deal, they could prepare themselves before a formal bid was launched – and prepare a plan should such a move occur....
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