Ford in fresh row with union over plan to close scheme to new joiners

clock

Ford has clashed with unions over plans to shut its UK defined benefit scheme to new members.

The Unite union - which represents 2,500 staff - walked out of pay negotiations earlier this week over the planned closure, which would take effect from January 2013. Ford Powertrain Engineering...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Benefit

'Deals to be done' on DB surplus

'Deals to be done' on DB surplus

Survey finds ‘strong appetite’ for releasing surplus in correct conditions

Jasmine Urquhart
clock 19 November 2025 • 2 min read
Partner Insight: Data - The new battleground for scheme buyouts

Partner Insight: Data - The new battleground for scheme buyouts

LexisNexis® Risk Solutions
clock 19 November 2025 • 1 min read
Partner Insight: DB pension schemes - Is investing like an insurer easier said than done?

Partner Insight: DB pension schemes - Is investing like an insurer easier said than done?

The UK government’s Pension Schemes Bill opens the door to more flexible treatment of defined benefit pension scheme surpluses. Now, the question for many trustees and finance teams is: Could running-on their scheme work for the benefit of its members...

M&G Investments
clock 19 November 2025 • 4 min read
Trustpilot