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Terminating a UK pension


Guest Quacka

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Guest Quacka

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.

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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.

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Guest Quacka

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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