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Scheme Wind-up


Solvency Management Services

All schemes will ultimately terminate, and when they do, benefits have to be secured for members according to the requirements of the 'Debt on the Employer' Regulations.

These Regulations require employers that are not insolvent to meet the costs to guarantee benefits promised, referred to as the 'Buy-out Costs'. Few schemes are funded on such a basis and if they were to wind up tomorrow would require an immediate cash payment from the sponsor.

The ICE Solvency Schedule provides regular updates on the state of the Scheme's funding and helps set strategies for meeting the Scheme deficit and buy-out costs, and plan the timing of when actual winding-up could be commenced.

If you would like any further information on the ICE range of services, please Contact ICE .