Continuity strategy

Continuity strategy, preparing for a triggering event and the three continuity options if a triggering event occurs.

Continuity strategy: overview

Overview of the requirement to have a continuity strategy that sets out how members interests will be protected after a triggering event.

Preparing for a triggering event

Assessing the risk of a triggering event, planning the initial response and continuing to operate the scheme.

Continuity option 1: discharge liabilities and wind up

Key issues to consider when discharging the scheme's liabilities and winding it up.

Continuity option 2: resolving triggering event

Key issues to consider when resolving a triggering event.

Continuity option 3: closing the scheme to new contributions or members

Key issues to consider when closing the scheme to new contributions or members.

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