GKN: Melrose

(asked on 29th January 2018) - View Source

Question to the Department for Work and Pensions:

To ask the Secretary of State for Work and Pensions, what assessment she has made of the risk to pensions posed by Melrose's proposed takeover of GKN.


Answered by
Guy Opperman Portrait
Guy Opperman
This question was answered on 2nd February 2018

This is a matter for the independent Pensions Regulator which was established by Parliament to provide regulatory oversight of work-based pension schemes, including defined benefit schemes.

It has operational independence and therefore it would not be appropriate for Ministers to become involved in the Regulator’s casework.

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