Schemes are wound up for a variety of reasons, such as:
- the costs of financing the scheme
- employer closure or restructuring
- pension provision changes.
We can provide a range of services to our existing schemes or be appointed specifically to deal withpension schemes closures and wind-ups. The services we provide are:
- Communicating with members on their benefits and options.
- Assisting the employer and scheme advisor in administering the wind-up.
- Communicating with the Pensions Board and Revenue Commissioners.
- Selecting a default option and agreeing timelines for completing the pension scheme wind-up.