PART 3Requirements relating to trustees or managers of relevant occupational pension schemes
CHAPTER 1Requirements relating to cooperation and connection
Connection according to the F1connection deadlineI115
1
Trustees or managers of a pension scheme which exists at the reference date and which has 100 or more relevant members at the reference date must—
a
register the scheme with the Money and Pensions Service, having regard to the guidance referred to in paragraph (2)(d), and
b
meet the requirements in paragraphs (2), (4) and (5).
2
Unless a different deadline for connecting to the Money and Pensions Service already applies pursuant to regulation F2... 17, 19 or 20, trustees or managers must connect the pension scheme to the Money and Pensions Service—
F4a
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F5b
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F3aa
by no later than the connection deadline;
c
in compliance with—
i
connection and security standards, and
ii
technical standards,
published from time to time by the Money and Pensions Service;
F83
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4
Trustees or managers must keep a record of how they have carried out the steps set out in the guidance on connection referred to in paragraph (2)(d), or of alternative steps they have taken in order to comply with the requirements in this Part on connecting their pension scheme to the Money and Pensions Service, for at least 6 years from the end of the scheme year to which they relate.
5
Trustees or managers must do the following—
a
notify the Money and Pensions Service without delay of any of the following, in compliance with service standards and operational standards published from time to time by the Money and Pensions Service—
i
connection state changes, such as downtime (whether scheduled or unscheduled) or maintenance;
ii
systemic issues, such as cyber-attacks that could affect the security of the dashboards ecosystem;
b
notify the Money and Pensions Service of any change in connection arrangements.
F96
The connection deadline that applies to a pension scheme under paragraph (2)(aa) remains fixed, unless—
a
the deadline changes pursuant to regulation 17, 19 or 20, or
b
all the members of the scheme become pensioner members.
7
Once a scheme has connected to the Money and Pensions Service, trustees or managers must use every endeavour to ensure that the scheme remains connected at all times.