64 Viability report
Pension Schemes Act 2021 (2021 c 1) | Legislation

64  Viability report

(1)     The trustees of a collective money purchase scheme must—

(a)     prepare a document explaining the design of the scheme and the reasons that they consider the design to be sound (a “viability report”), and

(b)     obtain a certificate from the scheme actuary certifying that, in the actuary's opinion, the design of the scheme is sound (a “viability certificate”).

(2)     The scheme actuary may not give a viability certificate unless satisfied that the

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