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What about my pension?

If your pension fund invests in major global companies, it's highly likely to hold shares in Volkswagen or its competitors. Significant restructuring like this can cause share prices to fluctuate. While one company's performance won't usually make or break your entire pension, it's a reminder that global economic shifts can affect your long term savings.

Stories that explain this

Volkswagen cutting 50,000 more jobs in major restructuring

Related explainers

Global car market shift Why are jobs being cut? Will my VW be cheaper? UK car industry impact? What affects your pension? Check your pension letters Global economic ripples on pensions Global pension challenges

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