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Terminating a UK pension


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Guest Quacka
Posted

How does one go about terminating a UK pension? Where to start looking? Employer has closed the business unit and the plan contains only retirees and terminated vested participants.

Posted

Not to be funny, but - who set the plan up? Is there a consultant/advisor/solicitor (attorney)/agent or other UK based entity that has been baby-sitting this plan?

We occassionally see a client with a UK or other "foreign" plan - but they always have a foreign advisor they work with - or we put them in touch with an "international" firm to assist.

Guest Quacka
Posted

I'm not sure but trying to find that out.

Guest Quacka
Posted

Well, it turns out this is actually a UK stock purchase plan, and another team is already conducting the due diligence. This was a "fake emergency" as so often happens in corporate America...(where is my plane ticket to Ecuador?)

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