Regulation 59 Pension administration strategy

procedures for liaison and communication with Scheme employers in relation to which it is the administering authority (“its Scheme employers”);

the establishment of levels of performance which the administering authority and its Scheme employers are expected to achieve in carrying out their Scheme functions by—

procedures which aim to secure that the administering authority and its Scheme employers comply with statutory requirements in respect of those functions and with any agreement about levels of performance;

procedures for improving the communication by the administering authority and its Scheme employers to each other of information relating to those functions;

the circumstances in which the administering authority may consider giving written notice to any of its Scheme employers under regulation 70 (additional costs arising from Scheme employer's level of performance) on account of that employer's unsatisfactory performance in carrying out its Scheme functions when measured against levels of performance established under sub-paragraph (b);

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such other matters as appear to the administering authority after consulting its Scheme employers and such other persons as it considers appropriate, to be suitable for inclusion in that strategy.

at least once in each valuation period, and

as soon as reasonably practical after any material change in its policies in relation to any of the matters contained in the strategy.

its pension administration strategy; and

where revisions are made to it, the strategy as revised.