It is expected include contributions from members of the Visteon UK pension fund, as reported in PW last month. Members claim that former Visteon parent company Ford has failed to keep promises it made regarding benefits when the pension scheme transferred from Ford to Visteon.
There have also been accusations that a separate company was set up by Visteon senior management, while the original company was placed into administration, forcing the scheme into the PPF’s assessment period.
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