The Board has six main areas of activity, which are outlined below.
Enforcement are responsible for investigations of possible non-compliance, instigation of Board prosecutions and other sanctions. Enforcement are also responsible for the ongoing oversight of Registered Administrators (RAs) and Personal Retirement Savings Accounts (PRSAs).
Funding and Actuarial
Funding and Actuarial are responsible for the oversight of defined benefit scheme funding and for the processing of funding and related proposals.
Operations are responsible for all routine interaction with the public through the provision of the Board’s information, guidance and enquiry services. Operations oversee the updating and reliability of all regulatory data submitted to the Board through its Interactive Scheme Information System (ISIS).
Policy are responsible for policy advice, development and delivery. Policy manages Board relationships with external Government and pension representative organisations and institutions.
Legal provide legal advice and support for all aspects of the Board’s activity.
Corporate Services are responsible for financial controls, compliance, human resources, office facilities and act as secretariat to the Board.