Home > Services > Pension Administration > Closed Schemes
Closed Schemes
Barnett Waddingham offers full services to live occupational pension schemes, schemes in wind-up and to closed schemes.
When faced with the possibility of wind-up, pension scheme trustees may instead choose to operate a closed scheme. Schemes may continue on the following basis:
- no further contributions are payable by or in respect of existing members in the scheme so that:
- no future benefits accrue to existing members and/or
- no new members are admitted to the scheme
The closure of the scheme does not necessarily lead to a wind-up.
We are pleased to provide services to a significant portfolio of closed schemes. This is a growing area of business for us and we are accustomed to handling the specific requirements of these arrangements.
Related DocumentsClosed Schemes (94.25 KB, .pdf)