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- When can the employer bring an opt-out to an end early? .
Member-nominated trustees and member-nominated directors
Member-nominated trustees and member-nominated directors
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When can the employer bring an opt-out to an end early?
The employer can bring the opt-out to an end at any time by writing to the trustees advising that it wishes to withdraw the opt-out.The date the employer writes to the trustees is the date the opt-out ends. This will be the start date for the member-nominated trustees (MNTs) and member-nominated directors (MNDs) requirements if it is before 31 October 2007.
If you want to know more about the considerations for trustees of these schemes see Opt-out in place.
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| Related documents |
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| MNT/MND code of practice (PDF) |