Customer Services Centre

Change of Employer and/or Trustees of Pension Scheme

If you are a Trustee, employer or member of an occupational pension scheme (a group retirement scheme or an executive retirement plan) and want to either change the Trustees or change employer this must be done by way of a Deed.

We have provided a number of sample draft Deeds below to deal with a variety of situations. All Deeds should be reviewed by your own solicitor to ensure that it meets your requirements and so that you fully understand the implications of what you are doing.

If you cannot find a Deed to suit your situation, please contact your own solicitor and ask him or her to draft a Deed for you (at your own expense) and send it to us.

These Deeds are only relevant for occupational pension schemes held under a Deed of Trust or Letter of Exchange. Please remember that a pension policy cannot be assigned and if you wish to transfer part of your pension policy as part of a separation/divorce arrangement, you must consult your own solicitor.

Please read the explanatory notes with each Deed to ensure you have chosen the correct option.

What do you want to do...?

    Change Employer and Trustee


  1. Change the employer and Trustee of the scheme - the new employer will also act as the new Trustee. Click here.
  2. Change the employer and Trustee of the scheme - the new employer is a company and the new Trustees will be individuals. Click here.

    3. Change Sole Trustee/All Trustees (i.e. substitute a sole Trustee/all Trustees with new Trustee(s))?


    Where the Employer is a trustee
  3. Substitute sole Trustee with new Trustee where existing Trustee is the employer and the new Trustee is a company. Click here.
  4. Substitute sole Trustee with all new Trustees where existing Trustee is the employer and the new Trustees are individuals. Click here.

    5. Where the Employer is not the Trustee…
  5. Substitute all Trustees with new Trustee where employer is not the Trustee and the new Trustee is a company. Click here.
  6. Substitute all Trustees with new Trustees where employer is not the Trustee and the new Trustees are individuals. Click here.

    7. Change/Remove/Add One (or more) Trustee(s) (where multiple Trustees)?


  7. Replace one (or more) existing Trustee(s) (where there are multiple Trustees and some Trustees are remaining as Trustee) with a new Trustee. Click here.
  8. Remove one (or more) Trustee(s) (where there are multiple Trustees and some Trustees are remaining as Trustee). Click here.
  9. Add one (or more) Trustee(s) (where there are multiple Trustees). Click here.