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Series

Occupational Pensions Regulatory Authority: Board papers and minutes.

Catalogue reference: SB 1

What's it about?

SB 1

Minutes, agendas and papers of the Occupational Pensions Regulatory Authority (OPRA) Board. The minutes document how the Board oversaw the strategic direction of the authority and how it made key decisions on policy.

Full description and record details

Reference
SB 1
Title
Occupational Pensions Regulatory Authority: Board papers and minutes.
Date
1997-2005
Description

Minutes, agendas and papers of the Occupational Pensions Regulatory Authority (OPRA) Board. The minutes document how the Board oversaw the strategic direction of the authority and how it made key decisions on policy.

Arrangement

Minutes, agendas and papers are filed in date order.

Legal status
Public Record(s)
Language
English
Creator(s)
Occupational Pensions Regulatory Authority, 1997-2005
Physical description
files and papers
Access conditions
Records not yet transferred
Immediate source of acquisition

The Pensions Regulator

Subjects
Topics
Pay and pensions
Custodial history
Pensions Regulator, from 2005.
Accumulation dates
1997-2004
Accruals
Series is not accruing
Selection and destruction information
This series meets TNA's Acquisition Policy theme 2.2.1.5 Formulation and delivery of social policies. The selection is in line with OSP 30 Board and Committee records.
Administrative / biographical background

The Board of the Occupational Pensions Regulatory Authority (OPRA) was established under Section 1 and Schedule 1 of the Pensions Act 1995. It was dissolved in 2004 by the Pensions Act 2004. The board was responsible for the governance of the authority, making decisions on the strategic direction and policy of the authority, and making formal determinations relating to pension schemes that may have breached the requirements of the Pensions Act 1995 or associated regulations.

The OPRA Board included the Chairman (a part-time appointment) and nine other part-time members appointed by the Secretary of State after consultation with various representative bodies. Their meetings had either strategic or judicial functions, and took the following forms:

the whole Board would meet to provide the strategic direction for OPRA's work; groups of Board members would meet to adjudicate on breaches with a view to determining whether a penalty should be applied to the trustees or employer: andgroups of Board members would meet to hear appeals against the Board's determinations in such cases. Different members hear the appeal from those who made the original determination.

The committees that reported to the Board included: Audit; Grants, Remuneration, Determinations; Information Technology; Risk Regulation.

Record URL
https://beta.nationalarchives.gov.uk/catalogue/id/C16618/

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Occupational Pensions Regulatory Authority: Board papers and minutes.

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