SCHEDULE 5 Systems and processes requirement

Investments
12 Whether there are systems and processes—
(a) for investing contributions in a timely manner in accordance with the scheme’s investment policy;
(b) for recording investment decisions;
(c) for managing the scheme’s interaction with investment managers, and recording key decisions;
(d) for recording, managing and reviewing the risks associated with investment decisions, and
(e) for informing trustees about questions, decisions and risks relating to investments.