HC Deb 15 March 1971 vol 813 cc210-1W
Mr. Pavitt

asked the Secretary of State for Trade and Industry if he will make a statement about the future of Mulliner, Park, Ward and Company, one of the Rolls-Royce Limited companies in Willesden, West; and, in particular, whether the pension rights of the employees are fully safeguarded.

Mr. John Davies

These are matters at this stage for the receiver and manager at Rolls-Royce Ltd. I understand that the pension scheme of Messrs. Mulliner, Park, Ward and Company is part of the Rolls-Royce Group pension scheme. I also understand that the exact position in each case will depend on such matters as the detailed terms of existing pension funds; the receiver himself proposes to supervise the arrangements under which employees who take up employment with the various purchasers of Rolls-Royce assets will be provided for.