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