Early retirement TUPE ruling will complicate M&As - Mercer

clock

A recent ruling classing early retirement benefits as the responsibility of the acquiring company in an asset deal will add "cost and uncertainty" to mergers and acquisitions, Mercer says.

Last month a high court judge ruled in the case Proctor & Gamble vs Svenska Cellulosa Aktiebolaget that the transferee in an acquisition - the company acquiring a business - is responsible for earl...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Benefit

Partner Insight Video: Endgame strategies for defined benefit pension schemes

Partner Insight Video: Endgame strategies for defined benefit pension schemes

Matthew Arends, partner and head of retirement policy at Aon
clock 06 March 2025 • 1 min read
DB scheme funding levels remain steady in February, Broadstone finds

DB scheme funding levels remain steady in February, Broadstone finds

Sirius Index shows funding levels remain consistent despite ‘rising geopolitical tensions’

Martin Richmond
clock 05 March 2025 • 1 min read
Reach reports fall in deficit but posts charge for Barber window equalisation

Reach reports fall in deficit but posts charge for Barber window equalisation

Procedural issue spotted as part of buyout due diligence for West Ferry Printers scheme

Jonathan Stapleton
clock 04 March 2025 • 2 min read
Trustpilot