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S.L. 514.9 · Retirement Pensions (General Provisions (S.L. 514.9)

S.L. 514.9 Art. 6Supervisory Review Process of an occupational retirement scheme. Cap. 514.

In KraftAmtlicher Text

When carrying out the supervisory review process of a

Retirement Scheme Administrator or an occupational retirement scheme in terms of article 41A of the Retirement Pensions Act, the competent authority shall have in place monitoring tools, including stress-tests, that enable it to identify deteriorating financial conditions in an occupational retirement scheme, and to monitor how that deterioration is remedied.