Code of practice 08 MNT/MND - putting arrangements in place
.
.
.
.
Reviewing the arrangements
The arrangements should include provision for their periodic review to establish whether they remain appropriate for the scheme. If the outcome is that they remain appropriate then there is no need for any changes.
Review of the arrangements should take place every three to five years.
Trustees should consider an earlier review if there is a material change to the scheme's circumstances and/or membership (for example, a bulk transfer in of new members or a large number of redundancies).