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.
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).
The crisis over the BHS pension schemes could be a 'Cadbury moment' that triggers a change to the Takeover Code, Pinsent Masons says.
Jack Jones looks at the impact of changes to the Takeover Code designed to give trustees more power over mergers and acquisitions
Buyers will have to inform trustees of their intentions for target companies' defined benefit schemes when bidding to take over a business from next month.
Proposed changes to the Takeover Code will "empower" trustees to protect member interests during a bid, the National Association of Pension Funds has said.
Proposed changes to the Takeover Code designed to give trustees more security could be "meaningless" when applied to hostile takeovers argues a lawyer.
Companies bidding to buy firms in future will have to reveal what their plans are for the pension scheme, under proposals from the Takeover Panel.