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Curse of the Pensions Regulator
August 2006 — Pensions Management

It is easy to believe the regulator has received an undeserved reputation, but, say James Kiernan and Joel Wheeler, the regulator has had an adverse effect on many viable private equity deals: "It is clear that the regulator has already had a significant effect on general M&A in the UK. Pension considerations have become a priority issue for many transactions and, in some cases, have stopped them dead."

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