Ford faces strike threat over closure of scheme to new joiners

clock

Ford workers are to vote on plans to strike in protest at the car maker's intention to close its final salary pension scheme to new joiners.

Unite, which represents 2,500 Ford employees, said the move would be the "thin end of the wedge" and would lead to the ultimate closure of the scheme to future accrual. The union will send out b...

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 Industry

Buzz: Is buyout the universal 'gold standard' option for endgame?

Buzz: Is buyout the universal 'gold standard' option for endgame?

Endgame options, targeted support for members and scheme tax relief subsidies

Professional Pensions
clock 30 June 2025 • 1 min read
News Digest: Pension pots of savers at risk from new UK rule, industry experts warn

News Digest: Pension pots of savers at risk from new UK rule, industry experts warn

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 30 June 2025 • 1 min read
Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

Festina Finance enters UK pensions admin market, Schroders scheme invests in LTAF and £900m bulk annuity deal

Professional Pensions
clock 27 June 2025 • 1 min read
Trustpilot