Thousands face pensions blow-out
Turner & Newall workers fear they could lose their pensions
Up to 40,000 current and former workers of car parts maker Turner & Newall may lose part of their contributions to their company pension scheme.
On Thursday their pension pot was frozen by the administrators of its parent company Federal Mogul of the US.
Many are predicting that the scheme, which has a shortfall close to £875m, may be wound-up completely.
Federal Mogul sought Chapter 11 bankruptcy protection after T&N was brought down by asbestos claims.
Dr Ros Altmann, a pensions expert and government adviser, who has spoken to the trustees of the pension scheme, said the outlook could be bleak.
This is yet another example of how vulnerable UK workers are
Tony Murphy, Amicus
How I lost my pension overnight
http://news.bbc.co.uk/2/hi/business/3919199.stm