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The Pensions Regulator

Codes of practice

Codes of practice

Code of practice 08
MNT/MND - putting arrangements in place

Reviewing the arrangements

  1. The arrangements should include provision for their periodic review to establish whether they remain appropriate for the scheme. If the outcome is that they remain appropriate then there is no need for any changes.
  2. Review of the arrangements should take place every three to five years.
  3. Trustees should consider an earlier review if there is a material change to the scheme's circumstances and/or membership (for example, a bulk transfer in of new members or a large number of redundancies).

Related documents
MNT/MND (PDF)
Related pages
Codes-related guidance: Member-nominated trustees and member-nominated directors