PART 2COLLECTIVE BENEFITS
Introduction and nature of collective benefits
F18Introduction and definition
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
9Duty to set targets for collective benefits
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
10Policy about factors used to determine each benefit
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
11Power to impose requirements about factors used to determine each benefit
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Contributions
12Payment schedule
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
13Overdue contributions and other payments
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Investment
14Statement of investment strategy
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
15Investment performance reports
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
16Investment powers
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
17Restriction on borrowing by trustees or managers
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
18Investment powers: duty of care
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Valuation
19Valuation reports
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
20Valuation process
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Dealing with deficits and surpluses
21Policy for dealing with a deficit or surplus
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
22Power to impose requirements about dealing with a deficit or surplus
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
23Deficits attributable to an offence or the imposition of a levy
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
24Payment of amounts out of collective benefit funds
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Cash equivalents
25Policy for calculating cash equivalent of benefits
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Winding up
26Winding up
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
27Requirement to wind up scheme in specified circumstances
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
28Policies about winding up
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Identifying assets
29Working out which assets are available for the provision of which benefits
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Regulations under Part 2: general
30Requirement to obtain actuarial advice
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
31Sub-delegation
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
32Publication of documents etc
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
33Enforcement
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
34Overriding requirements
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Interpretation of Part 2
F135Interpretation of Part 2
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .