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Settlement reached in Visteon pensions dispute

A settlement has been reached to offer compensation to former workers at Visteon, five years after the car parts company went into administration, hitting employees' pensions.

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Settlement reached over Visteon workers' pensions

A settlement has been reached to offer compensation to former workers at Visteon, five years after the car parts company went into administration, hitting employees' pensions.

Former Visteon workers outside the Unite union offices in London this morning Credit: David Wood/ITV News

Unite said it had concluded an agreement with Ford, which sold off the car parts business to Visteon over a decade ago.

It is understood that around 1,200 ex-workers from factories in Swansea, Basildon, Essex, Enfield in north London and Belfast will be covered by the settlement.

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