6. Whether there are systems and processes—N.I.
(a)for ensuring that trustees and the scheme strategist are properly informed about service providers, and appropriately involved in decisions about them;
(b)for establishing and recording that service providers are, and remain, fit and proper;
(c)for informing the trustees about the appointment, removal, roles and responsibilities of service providers;
(d)for informing the trustees of—
(i)any failure by service providers to deliver services;
(ii)any actions or omissions by service providers which may prejudice—
(aa)the effective running of the scheme, or
(bb)the ability to meet the objectives set out in the scheme’s business plan;
(e)for recording, maintaining and managing all documents relating to service providers in an accessible, intelligible and durable medium.
Commencement Information
I1Sch. 4 para. 6 in operation at 27.3.2024, see reg. 1