AstraZeneca is said to be in talks to acquire US drugmaker Bristol Myers Squibb in a deal that would create a pharmaceutical group worth almost $400bn (£300bn).
The proposed transaction, first reported by the Financial Times this morning, would rank among the largest pharmaceutical mergers ever completed and create the world's fourth-largest listed drugmaker by market value
For most employees, pension saving happens in the background. Contributions are paid in each month, but few people make an active investment choice.