Towers Watson shareholders are again being urged to vote against the proposed merger with Willis Group by proxy adviser company Glass Lewis and Co.
It comes after a move to appease shareholders, offering them $10 (£6.60) per Towers Watson share, an increase that more than doubled the previous offer of $4.87 (£3.22). According to Bloomberg, the...
More needs to be done to speed up DB to DC transfers but, as Jonathan Stapleton says, more also needs to be done to protect members.
The Pensions Ombudsman (TPO) took on 2,566 early resolution cases in 2018/19 after onboarding a team from The Pensions Advisory Service (TPAS), according to its annual report and accounts.
The lifeboat fund is in a good position despite reserves taking a £0.6bn hit. But the ramifications of the EU judgment on member compensation is an area of concern for CEO Oliver Morley, writes Stephanie Baxter