If your company is closing, dissolving, or no longer employing staff, you may wish to close your Penfold workplace pension scheme.
To begin this process, please contact our workplace support team at:
When you reach out, please include:
Your company name
Your Employer ID
The reason for closing the scheme (for example, company closure or no longer having employees)
Once we receive your request, our team will guide you through the next steps required to close the scheme, including:
Confirming that all final pension contributions have been submitted
Ensuring any employees are marked as leavers
Completing any necessary compliance steps
Please note that workplace pension schemes cannot be closed until all outstanding contributions and administrative actions have been completed.
If you are unsure whether your scheme can be closed yet, our team will be happy to review your account and advise you.