Moving from trust-based to contract-based defined contribution arrangements

This note examines the key considerations and statutory restrictions affecting employers and trustees who are looking to close their trust-based defined contribution arrangements and offer a contract-based arrangement instead. It includes guidance on the roles played by the employer and trustees, the processes required to effect the change (including consultation and amendment requirements) and issues arising after the change (such as transfer options for members or winding-up).

Sarah Welling, Pinsent Masons LLP

Request a free trial

To access this resource and thousands more, register for a free, no-obligation trial of Practical Law. Register using the button below, telephone +44 (0)20 7202 1220 or e-mail info@practicallaw.com.

A free trial will give you:

Unlimited access to Practical Law online know-how
Thousands of market standard documents and clauses
Daily alerts and weekly update e-mails on key legal developments in your practice area
 

Register

Log in

To access this resource, log in below or register for free access.

Contact us

Our customer services team are available every working day 8.30am to 7pm (GMT).

{ "siteName" : "PLC", "objType" : "PLC_Doc_C", "objID" : "1247497927623", "objName" : "Moving from trust-based to contract-based defined contribution a", "userID" : "2", "objUrl" : "http://uk.practicallaw.com/cs/Satellite/uk/0-506-7599?null", "pageType" : "", "academicUserID" : "", "contentAccessed" : "false", "analyticsPermCookie" : "27d99b65f:14825531a9b:2eec", "analyticsSessionCookie" : "27d99b65f:14825531a9b:2eed", "statisticSensorPath" : "http://analytics.practicallaw.com/sensor/statistic" }