Melrose seeks buyout for GKN pension scheme

James Phillips
clock • 1 min read

Turnaround company Melrose Industries is seeking to insure the benefits of one of the GKN pension schemes it took on when acquiring the aerospace business earlier this year, according to reports.

Sky News reported on Friday (31 August) that discussions are underway with insurers, such as Aviva and Scottish Widows, to secure a buyout for the smallest of the transferred GKN schemes. The sc...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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