Towers Watson has merged with insurance broker Willis Group in an $18bn (£11.4bn) deal to create a wide-ranging global advisory, broking, and solutions provider.
The all-stock merger will result in Willis shareholders owning approximately 50.1% and Towers shareholders owning approximately 49.9% of the combined company, to be called Willis Towers Watson. The...
Most respondents in this week's Pensions Buzz do not think businesses should be able suspend AE contributions if in financial distress.
Former BHS owner Dominic Chappell has lost the appeal against his section 72 conviction and sentence for failing to hand over information to The Pensions Regulator (TPR).
This week's top stories include Marsh and McLennan Companies agreeing to buy JLT, and the home secretary calling for AE to be scrapped in a no-deal Brexit scenario.
Lesley Titcomb says the watchdog wants closer interactions with pension funds to spot problems sooner and act before having to use its more stringent powers