Member

I turn to Clause 50, which allows schemes to partner with another scheme for delivery. This is designed to ensure that members in that circumstance will have access to a suitable plan when an in-house solution is not reasonably practicable, or a pension plan offered by another scheme is deemed to provide a better outcome for members. Whenever either of those conditions apply, trustees or managers of the principal scheme are required to identify qualifying schemes that provide default plans that meet the requirements of their membership. That could include, for example, transferring members to a CDC scheme with member consent. The intention is to ensure that all members receive a suitable default plan, even if their current scheme cannot provide suitable solutions.