Scheme wind-up

​Our experience of managing a range of wind-ups means we provide support throughout the whole process, helping your pension scheme wind-up run efficiently and smoothly.
 

 Overview

 
Planning

Our initial consultancy and advice helps to identify issues, design pragmatic solutions, manage risk for both the sponsoring employer and trustees, and develop an action plan setting out each step in the process. We ensure the process runs smoothly with targeted cost-effective consultancy and advice, which is both pragmatic and user friendly.

Member communications

We work with you to devise a communications strategy that will manage member expectations, and provide them with clear, concise information. Our support ensures you get this crucial aspect right, with scheme member complaints and queries minimised, so that the wind-up progresses efficiently.
 
Liaison with third parties

We liaise with your other advisers, ensuring only the ‘right’ questions are asked, and maintain contact with regulators. This reduces your exposure and ensures you get best value from your advisers.  Our open channels of communication with regulatory bodies ensure we are aware of developments and opportunities that could progress your wind up more efficiently.
 
The wider framework

We have worked with the Pension Protection Fund (PPF) and the Financial Assistance Scheme (FAS) on hundreds of scheme wind-ups. This experience enables us to avoid unnecessary delays by focusing on the areas that matter. We combine diligence and pragmatism to minimise risk and to conclude your scheme’s wind up effectively.

We provide support throughout the whole wind up process.

 

 Insights and views

 
    Pensions Bulletin March 2014
    10 March 2014

    In the latest issue of our Pensions Bulletin, we focus on journey plans and integrated risk management plans in the light of the Pensions Regulator's draft code of practice on DB funding. The Bulletin also looks at some other recent developments, including the impact of same sex marriage on occupational pension schemes and HMRC’s recent announcement on changes to its VAT policy.



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    Pensions Bulletin December 2013
    3 December 2013

    In our latest Pensions Bulletin, we examine two recent consultations from the Department for Work and Pensions which have thrown the spotlight on the gulf between defined benefit and defined contribution schemes and on the possibility of developing alternative ‘defined ambition’ designs to bridge the gap between them.

    The Bulletin also looks at some other recent developments, including new disclosure of information regulations and guidance from the Pensions Regulator on asset-backed contributions.

    We also flag key dates for your diary over the next quarter, including a breakfast briefing on 18 December on the Pensions Regulator’s consultation on a revised code of practice on defined benefit funding.



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    Pensions Bulletin September 2013
    9 September 2013

    In our latest Pensions Bulletin, we examine the increased regulatory focus on defined contribution (DC) schemes, with a new code of practice from the Pensions Regulator for trust-based DC schemes, a DWP call for evidence on minimum DC quality standards and a review of scheme charging structures by the Office of Fair Trading.

    The Bulletin also looks at some other recent developments, including a recent European case on the recovery of VAT and the appointment of a new PPF insolvency risk provider.

    In addition, the Pensions Bulletin flags key dates for your diary over the next quarter, including some Punter Southall events.



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    Pensions Bulletin - June 2013
    12 June 2013
    In our latest Pensions Bulletin, we ask whether the Pensions Regulator’s annual funding statement and proposed new objective go against the flow of regulation over the last decade by strengthening the position of the employer. The Bulletin also looks at some other recent developments, including the revised Takeover Code, the pensions implications of an independent Scotland and GMP equalisation.
     
    In addition, the Pensions Bulletin flags key dates for your diary over the next quarter, including some Punter Southall events.
     


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    Pensions Bulletin - March 2013
    6 March 2013
    In our latest Pensions Bulletin, we ask whether it is time for more joined-up thinking on pensions: do the various recent initiatives suggest that Government departments are working together to achieve the right balance between reform and continuity in the pensions system? The Bulletin also looks at some other recent developments, including ‘micro pot’ refunds, changes to the disclosure requirements and DC pension charges.
     
    In addition, the Pensions Bulletin flags key dates for your diary over the next quarter, including some Punter Southall events.
     


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    Visit the Industry Insights page for news and views on the latest industry developments
 

 Events

 
    Speak to us

    Speak direct to our specialists in this area
    Robert Wallace
    Principal
    Or call us on
    020 3327 5000