Mergers and Acquisitions
Deloitte acquires Kerr Henderson admin and actuarial business
Deloitte has expanded its pensions business with the acquisition with the pension administration and actuarial consultancy business of Kerr Henderson.
Royal London eyes LV= deal - reports
Royal London is eyeing a takeover of LV= that could value the group at around £500m, according to reports.
Broadstone acquires Thomson Dickson Consulting
Broadstone has acquired Glasgow-based Thomson Dickson Consulting (TDC) for an undisclosed amount as it seeks to grow its actuarial and consulting service.
UPDATED: Aon abandons merger talks with Willis Towers Watson
Aon has confirmed it will not make an offer for Willis Towers Watson after "preliminary" discussions with the global consultant.
Whitbread promises contribution to DB scheme after Costa Coffee sale
Whitbread has pledged to use proceeds from its proposed £3.9bn sale of Costa Coffee to Coca-Cola to make an additional contribution to its defined benefit (DB) scheme.
BT Pension Scheme completes £260m sale of stake in Hermes
US-based Federated Investors has completed its acquisition of a 60% interest in Hermes Investment Management from the BT Pension Scheme (BTPS).
Walmart to retain Asda scheme after Sainsbury's merger
Obligation for the Asda defined benefit (DB) pension scheme will not be shared between Walmart and J Sainsbury following the merger of their two supermarket businesses, it has been confirmed.
Tory policies on triple lock and state pension age most at threat
PP research shows government polies on triple lock and state pension age review are most likely to fall away.
Hung parliament leaves pension policy in doubt
The UK has awoken to shock news that the Conservative Party has failed to secure an overall majority, leaving the future government hanging somewhat in the balance.
Tory plan to water down state pension inflation protection divides industry
The Conservative Party's plan to replace the state pension triple lock with a double lock has provoked mixed responses.
UPDATED - Conservative Party manifesto: The pensions pledges in full
The Conservative Party has unveiled its manifesto for the General Election 2017. Here are the pension pledges in full...
How trustees should approach corporate takeovers
The impact of a takeover on a pension scheme can be significant. Tom Jackman looks at how trustees can ensure they are on the front foot.
Five stories you may have missed this week
This week's top stores included coverage of eight promotions made by Hymans Robertson, as well as PTL becoming a standalone business after completing a management buyout.
Have your say: Should TPR be able to block M&As where a scheme is at risk?
This week we want to know if you agree with Theresa May that the Pensions Regulator should be able to veto mergers and acquisitions in certain circumstances.
Theresa May promises M&A veto powers for TPR if re-elected
The Pensions Regulator (TPR) will be given powers to block certain mergers and acquisitions (M&As) to protect pensions if the Conservative Party is re-elected on 8 June.
TPR: Distressed small DB schemes 'will not break PPF'
Small defined benefit (DB) schemes will not cause serious harm to the Pension Protection Fund (PPF) if their employers go insolvent, Andrew Warwick-Thompson has said.
TPR flexes anti-avoidance muscles to protect benefits
The Pensions Regulator (TPR) has used its anti-avoidance powers to ensure members of a defined benefit (DB) scheme receive their full benefits.
TPR and PPF call for more interventionist regulatory regime
The Pensions Regulator (TPR) and the Pension Protection Fund (PPF) have both called for the watchdog to have stronger and more punitive regulatory powers.
Henderson to take over Janus Capital to create 'merger of equals'
Henderson Global Investors has announced plans to merge with Janus Capital to create a combined active manager with $320bn (£248.5bn) assets under management.
TPR: Valuations not always needed every three years
Well-funded defined benefit (DB) schemes should not be subject to triennial actuarial valuations, the Pensions Regulator's (TPR) non-executive chair Mark Boyle has said.
TPR needs stronger powers to veto takeovers, says ICSA survey
The Pensions Regulator (TPR) needs stronger powers to block takeovers in order to safeguard pensions, according to a poll by the Institute of Chartered Secretaries and Administrators (ICSA).
John McDonnell: 'No more Philip Greens' under Labour
Shadow chancellor John McDonnell has pledged to change the law so members' pensions are protected during takeovers, if Labour is elected at the next general election.
Are deficits starting to spook investors?
The cost and size of pension deficits are increasing which has consequences for trustees, company directors and shareholders. Michael Klimes asks if investors are starting to worry.
Conditional indexation would be 'thin end of the wedge'
Struggling sponsoring employers of defined benefit (DB) schemes should not be allowed to suspend annual pension increases according to PP research.
