§ Mr. SteenTo ask the Secretary of State for Social Security if he will list each regulatory body for which he is responsible indicating for each the percentage of business people on the board. [15738]
§ Mr. Roger EvansThe Department of Social Security has responsibility for only one regulatory authority—the128W Occupational Pensions Board, OPB. Under the terms of the Pension Schemes Act 1993, the OPB is required to consist of a chairman, a deputy chairman and not fewer than eight nor more than 12 other members, one of whom is required to be appointed after consultation with organisations representative of employers. Of the current total membership of 14, 12–85 per cent.—are business people.