Trustees of ICI's pension scheme were not consulted about an abortive bid for the chemical giant - despite urging any bidders to talk directly to them.
ICI rejected a bid proposal from Dutch rival Akzo Nobel because it “significantly undervalued the company”. The 600p a share offer follows ICI’s recent attempts to improve its financial position with...
This week's top stories include ITS' management buyout from Mercer, and The Pensions Regulator launching a probe into single-employer defined contribution schemes' default funds.
People retiring in the UK will on average outlive their pension savings by 10 years, according to research by the World Economic Forum (WEF).
Steps to improve auto-enrolment are uncontroversial and obvious, but the government is dawdling on introducing the necessary changes, argues Jack Jones.
Professional trustees will be expected to apply for accreditation as part of a framework intended to be launched on 1 July by the Professional Trustee Standards Working Group (PTSWG).