Organisational structure

The Authority is organised as follows:

organisation-structure

Pensions Regulator

The Pensions Regulator is the chief executive officer of the Pensions Authority.

Compliance - are responsible for:

investigating suspected breaches of the Pensions Act and instigating sanctions where appropriate
supervision and enforcement activities including on-site inspections and compliance audits designed to ensure compliance with the requirements of the Pensions Act
oversight and processing of defined benefit scheme funding and related recovery plans
registering and approving PRSA products
granting approval for cross-border schemes.

Regulatory Intelligence – are responsible for:

managing all the Authority's ICT requirements
analysis of data submitted to the Authority by regulated entities
collating available data and information
dealing with data queries from regulated entities
approving and renewing Registered Administrators

Technical - are responsible for:

providing technical support and advice to the Authority
dealing with all initial information enquiries from scheme members, trustees, employers, the pensions industry and the general public
the content of all published guidance, whether advisory or mandatory
contributing to and participating in EU and international pension policy issues

Development - are responsible for:

designing and implementing the changes needed to give effect to the IORPs II directive and the Authority's proposed pension reforms
drafting governance and management standards for pension schemes
development of Authority processes for the ongoing oversight of regulated entities
formulating policy advice on the development and regulation of pensions and related issues through research, consultation and the preparation of working papers

Legal - are responsible for:

providing legal advice and support services to the Authority
prosecuting summary offences and taking other legal sanctions under the Pensions Act
providing secretariat services to the board of the Authority.

Operations - are responsible for:

communications and delivering the Authority's information to scheme members, trustees, employers, the pensions industry, the general public and the media
budgeting, financial management and controls
human resources, risk management, procurement and facilities management
overseeing corporate governance and associated policies and processes