Occupational Pensions Regulatory Authority

HC Deb 15 July 1998 vol 316 c202W

Mr. Russell Brown

To ask the Secretary of State for Social Security when she expects to receive the Occupational Pensions Regulatory Authority's second annual report; and if she will make a statement. [51096]

Ms Harman

I have laid the second report of Occupational Pensions Regulatory Authority (OPRA) before both Houses today. It covers the first 12 months of OPRA' s operations following the take up of its statutory responsibilities on 6 April 1997.

I am pleased to see how quickly OPRA has established itself as an effective regulator of occupational pensions schemes and set up constructive working relationships with the pensions industry. The report raises a number of issues on which there is ongoing action between OPRA and this Department.