choices when your company DC occupational plan is closing?

[Ndiddy]

can a company DC plan continue even if the company is closing up shop?

if the DC plan is closed, what are ones choices to move DC funds to? assume you can't add to it but where should the existing DC funds go to for the lowest fees?

 

[Conan]

You should be given options:
- leave the funds with the current investment provider (as a deferred benefit)
- transfer the value to any pension fund with a new employer
- transfer the value into a Buy Out Bond

If you don’t hear anything, then ask the current Employer or the Scheme Trustees what your options are.