The admission, cessation and bulk transfer policy sets out our approach to the risks involved in:

  • the admission of new employers to the fund 
  • how we deal with possible bulk transfers
  • employers ceasing their participation in the fund

Attached to this page are:

  • the current version of the policy which applies until 31 March 2026
  • the updated version of the policy which will apply from 1 April 2026