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General GeneralF1

1

The date by reference to which the information in the business plan is stated (the “effective date” of the plan) (see paragraph 26).

2

The period to which the business plan relates, to be no less than three years and no more than five years starting with the effective date of the plan.

3

In each case where estimates are provided in connection with a business plan—

  1. (a)

    any assumptions used in reaching those estimates, and

  2. (b)

    the circumstances in which, and the extent to which, the scheme’s actual membership, contributions, income and costs may vary from the estimates of those matters.

4

The name of the person who prepared the business plan.

5

A statement, signed by the trustees and the scheme proprietor, confirming—

  1. (a)

    that the scheme proprietor considers the business plan to give a true and fair representation of the matters to which it relates, and

  2. (b)

    that the business plan has been approved by the trustees.

Annotations

Textual amendments

F1

Schs. 4A-4C inserted (31.7.2026) by The Occupational Pension Schemes (Collective Money Purchase Schemes) (Extension to Unconnected Multiple Employer Schemes and Miscellaneous Provisions) Regulations (Northern Ireland) 2026 (S.R. 2026/151), regs. 1(1), 23