Pension Scheme Wind Up
If your scheme is in the process of being discontinued, you will need some expert advice to help things run smoothly and accurately.
Our expertise extends to schemes going through a Pension Protection Fund (PPF) assessment period, schemes in wind-up and schemes qualifying for the Financial Assistance Scheme (FAS).
Services
It is never easy when faced with making arrangements for a discontinued scheme, but our team can help to make the process much easier for you. On your behalf, we will be able to handle:
Scheme wind-up administration
We have a great deal of experience spread across a broad range of wind-up types. Whether your scheme is solvent or insolvent, defined contribution or defined benefit, contracted in or contracted out we can lead trustees through every stage of the process providing a high quality administration service along the way.
Our expertise extends to schemes going through a Pension Protection Fund (PPF) assessment period, schemes in wind-up and schemes qualifying for the Financial Assistance Scheme (FAS).
Services
It is never easy when faced with making arrangements for a discontinued scheme, but our team can help to make the process much easier for you. On your behalf, we will be able to handle:
Scheme wind-up administration
We have a great deal of experience spread across a broad range of wind-up types. Whether your scheme is solvent or insolvent, defined contribution or defined benefit, contracted in or contracted out we can lead trustees through every stage of the process providing a high quality administration service along the way.
Member communication
We appreciate that a wind-up is a confusing and worrying time for a scheme member which is why we make sure that all member correspondence is clear, informative and specific to its audience.
Project management
Your scheme matters to us. We tackle each project individually to provide the right balance of skills and resources. A key part of our project management is effective, regular and comprehensive communication with all parties. As a result, we address members' concerns, solve problems at an early stage and ensure proactive project delivery.
Consulting services
Our team deals with every aspect related to a scheme providing a complete service under one roof. So, while services can be offered as part of a package we are equally happy to offer consultancy and actuarial services on a task by task basis. Whether it be advising on the strategy for dealing with a scheme with a complex benefit structure or equalising scheme benefits, our team of consultants have a suitable solution for your needs.
We appreciate that a wind-up is a confusing and worrying time for a scheme member which is why we make sure that all member correspondence is clear, informative and specific to its audience.
Project management
Your scheme matters to us. We tackle each project individually to provide the right balance of skills and resources. A key part of our project management is effective, regular and comprehensive communication with all parties. As a result, we address members' concerns, solve problems at an early stage and ensure proactive project delivery.
Consulting services
Our team deals with every aspect related to a scheme providing a complete service under one roof. So, while services can be offered as part of a package we are equally happy to offer consultancy and actuarial services on a task by task basis. Whether it be advising on the strategy for dealing with a scheme with a complex benefit structure or equalising scheme benefits, our team of consultants have a suitable solution for your needs.
Investment advice
We understand that not all wind-ups result in a transfer to the PPF or FAS, and even those that do may still require advice in relation to the investment of remaining scheme assets. We give you advice so you can make the right choice for your scheme. These services can take the form of producing a Statement of Investment Principles, advising on the best insurer with which to secure benefits or more generally the best investment strategy to employ with your specific scheme.
Data analysis and cleaning
You will need good quality data within very short timescales. Our extensive experience in cleaning and reconciling data, as well as the reconstruction of missing data, means that we can satisfy the PPF's requirements, providing you with a high level of comfort.
We understand that not all wind-ups result in a transfer to the PPF or FAS, and even those that do may still require advice in relation to the investment of remaining scheme assets. We give you advice so you can make the right choice for your scheme. These services can take the form of producing a Statement of Investment Principles, advising on the best insurer with which to secure benefits or more generally the best investment strategy to employ with your specific scheme.
Data analysis and cleaning
You will need good quality data within very short timescales. Our extensive experience in cleaning and reconciling data, as well as the reconstruction of missing data, means that we can satisfy the PPF's requirements, providing you with a high level of comfort.