Part 1: Master Trusts Chapter 5: Triggering events: continuity Section 20: Triggering event: duties of trustees
Section 20 places three sets of duties on trustees where there is a triggering event: to notify the Pensions Regulator and employers (section 22); to pursue a continuity option (section 23); and to prepare and submit an implementation strategy to the Pensions Regulator (sections 26 and 27).