Industry requests for acquiring companies to consider target pension schemes in takeover bids came "too late in the day" to be considered as part of an amended Takeover Code, PP can reveal.
On Monday the Takeover Panel made four sets of amendments to the Takeover Code - changes which banned inducement fees and deal protection measures; improved disclosure around the financing of offers and...
The Pensions and Lifetime Savings Association (PLSA) is in the process of convening an industry-wide group to take forward the work of the Institutional Disclosure Working Group (IDWG).
The Transfers and Re-registration Industry Group (TRIG) has given its support to an initiative which aims to complete occupational pension transfers within three weeks.
Scottish Widows has completed a bulk annuity deal for the Hitachi UK Limited Pension Scheme.