Proposed changes to the Takeover Code designed to give trustees more security could be "meaningless" when applied to hostile takeovers argues a lawyer.
Norton Rose partner Lesley Browning (pictured) said the intention of giving members and trustees the same certainty on pensions as they have on other employment rights was laudable. But she added that...
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).