[221B Statement of strategy]

[221B  Statement of strategy]

[(1)     The trustees or managers must, as soon as reasonably practicable after determining or revising the scheme's funding and investment strategy, prepare a written statement of—

(a)     the scheme's funding and investment strategy, and

(b)     the supplementary matters set out in subsection (2).

(2)     The supplementary matters are—

(a)     the extent to which, in the opinion of the trustees or managers, the funding and investment strategy is being successfully implemented and, where it is not, the steps they propose to take to remedy the position (including details as to timing);

(b)     the main risks faced by the scheme in implementing the funding and investment strategy and how the trustees or managers

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