UK - Far-reaching changes in the way OPRA operates are expected from the first stage of the government's quinquennial review.
The statutory check-up – which all non departmental public bodies must undergo to ensure they are still performing the role they were designed for – has been carried out alongside Alan Pickering’s Simplification Review.
OPRA spokesperson Nick Edmans would not comment on how OPRA’s procedures would change but admitted that reform was inevitable.
He said: “The quinquennial review and Pickering review teams are actually very close to each other – both in location and in the way that they work – so they are comparing notes as they go along.”
He added: “This sets an opportunity to address the legislation that governs us in a major way.”
The results of OPRA’s quinquennial review will come in two reports – the first in July and the second in December.
The review is being headed by former Nationwide Building Society chief executive Brian Davis.
The Pensions Regulator (TPR) and Labour MP Stephen Kinnock and will listen to the experiences of steelworkers when transferring their pensions away from the British Steel Pension Scheme (BSPS) next week in Port Talbot.
Just Group has acquired a 75% stake in the holding company of Corinthian Pension Consulting in a bid to strengthen its professional defined benefit (DB) advisory services.
The Pensions Regulator (TPR) has exercised its production order power under the Proceeds of Crime Act 2002 for the very first time as part of a fraud investigation.
The ITN Limited Pension Scheme has named Trafalgar House as its administrator for an initial term of five years.