Posted on
18th December 2005 by
Brian Spence
I viewed with interest the news that another takeover was in danger of collapse as a result of concerns over the ‘black hole’ in the pension fund. This serves to further back up the view that pension scheme liabilities are definitely curbing M&A activity. Last year saw the collapse of high profile deals involving WH Smith and Marks & Spencer and recent research suggested that nearly half of FTSE350 Chief Financial Officers believe that deals are being adversely impacted. Read more »
Posted in: Blog
Tags: Corporate, Legislation, Pensions
Posted on
3rd December 2005 by
Brian Spence
There has been much recent press comment about the continuing row between the Government and the Public Sector Unions over proposed pension reform. So why should we be interested in this local difficulty/skirmish? Well basically because it is us as tax payers who will ultimately pick up the bill for the decisions taken and ultimately any government climb down similar to that of John Prescott prior to the election could see us all with increased tax to pay. Read more »
Posted in: Blog
Tags: Pensions, Public Sector