25 May 2006
The Pension Protection Fund is likely to start its analysis of
whether it can take over the pension scheme of Turner & Newall,
the collapsed car parts manufacturer, as early as next month.
The move could end the uncertainty endured by the scheme's
37,000 members since the collapse of the manufacturer in 2001.
The scheme is thought to have the biggest deficit of any pension
scheme to apply to be taken over by the fund.
