{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"Pensions in 30: 20. Winding up occupational pension schemes","description":"Key points  Winding up an occupational pension scheme means that the scheme will come to an end, the trustees will collect in the scheme's assets and distribute them for the benefit of the scheme\u2019s beneficiaries. The trustees will need to carry out data reconciliation of member records. Benefits may be secured by transferring benefits to another scheme and\/or by buying annuities with an insurance company. The trustees must notify The Pensions Regulator of the scheme wind up. Where a defined benefit scheme is in deficit upon wind up, an &quot;employer debt&quot; may become payable under s75 of the Pension Act 1995. If wind up is triggered because an employer suffers an insolvency event, it may enter a PPF assessment period and ultimately go into the PPF.  You can find this episode and the accompanying transcript on our website: https:\/\/gowlg.co\/3BswRXj Gowling WLG is an international full-service law firm working across a range of industry sectors including real estate, government, financial services, life sciences and technology. We operate across the world with offices in the UK, Europe, Canada and the Middle East. We regularly talk about a broad range of topics that may be of interest to you. Subscribe to receive our latest articles, podcasts and webinars straight to your inbox:&amp;nbsp;https:\/\/gowlg.co\/35efH2r Alternatively, you can view our full selection of insights and resources here:&amp;nbsp;https:\/\/gowlg.co\/3IwEr41 Want to get to know us? Follow us on: LinkedIn:&amp;nbsp;https:\/\/gowlg.co\/3hqmatB Twitter:&amp;nbsp;https:\/\/gowlg.co\/35Do0nY Facebook:&amp;nbsp;https:\/\/gowlg.co\/3th2w8N Instagram:&amp;nbsp;https:\/\/gowlg.co\/3tEf2iq This podcast may contain information of general interest about current legal issues, but does not give legal advice. ","author_name":"The Month in Pensions - Gowling WLG","author_url":"https:\/\/gowlingwlg.com\/pensions-uk","html":"<iframe title=\"Libsyn Player\" style=\"border: none\" src=\"\/\/html5-player.libsyn.com\/embed\/episode\/id\/5404951\/height\/90\/theme\/custom\/thumbnail\/yes\/direction\/forward\/render-playlist\/no\/custom-color\/88AA3C\/\" height=\"90\" width=\"600\" scrolling=\"no\"  allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen><\/iframe>","thumbnail_url":"https:\/\/assets.libsyn.com\/secure\/content\/15472589"}