Each of the four pension schemes the SPPA administers has a Pension Board whose principal role is to assist the Scheme Manager with the governance and administration of the pension scheme. This includes helping SPPA to comply with the Scheme regulations, and any other relevant legislation and requirements as set out by The Pensions Regulator (TPR) in relation to the Scheme.
The Boards consist of an independent chair and equal numbers of employer and member representatives. Guidance, terms and policies for board members are available in Corporate Governance Policies.