Pensions in takeovers: implementation of the pension scheme after the transfer
In the previous blogs in the blog series, we discussed in a nutshell which pension scheme applies, becomes or remains applicable after a transfer of undertaking. But who will implement that scheme? Must the buyer continue to work with the seller's original pension provider or may they switch? These are important questions, because switching to another pension administrator, whether or not forced, can have major consequences for the costs. In this fifth blog we will address this issue.
