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Comment - Informed comment: Law and regulation - Will M&As change in the post-BHS era? Mandatory clearance and penal fines will be the exception rather than the rule The collapse of BHS saw another household name disappear from the high s

The collapse of BHS saw another household name disappear from the high street. The headlines about pensioners having their pensions cut back caused a public and political outcry.

Since then much ink has been spilt on the subject of how the government might legislate to prevent another BHS.

The publication of the December 2016 Work and Pensions Committee report and the recent green paper looking at defined benefit schemes provide the beginning of the answer: more regulatory scrutiny a

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