As part of the response to the Takeover Panel's consultation on the City Code on takeovers and mergers, there have been calls from the pensions industry for provisions to be made requiring acquiring companies to make clear their intentions for the target company's pension scheme in the offer document.   Respondents have also called for measures to be introduced for the acquiring company to be bound by the statements it makes in the offer document; the target company to give its own views on the interests of the pension scheme and for the trustees to have a right to express an opinion.   We will cover any progress on the Takeover Panel's consultation in future e-bulletins.