327. Application for authorisation to operate master trust scheme.

327.     Application for authorisation to operate master trust scheme.

The trustees1 of a master trust scheme2 may apply to the Pensions Regulator3 for authorisation4.

The application must include:

  1.  

    (1)     the scheme's latest accounts5;

  2.  

    (2)     the latest accounts of each scheme funder6;

  3.  

    (3)     the scheme's business plan7; and

  4.  

    (4)     the scheme's continuity strategy8.

In considering an application, the Pensions Regulator may take into account any matters it considers appropriate, including additional information provided by the applicant, and subsequent changes to the application or