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Board meeting summary 2 July 2024

A summary of The Pensions Regulator (TPR) Board meeting on 2 July 2024.

Welcome and apologies

The Chair welcomed Andrew Baigent, the new Chief Operating Officer, and Neil Bull, the Interim Executive Director of Market Oversight, to their first Board meeting. Apologies were received from three Board members.

Declarations of conflicts of interest

There were no conflicts of interest declared for any of the items on the agenda.

Chair's update

There were no matters arising from the previous meeting. The Chair updated the Board on recent engagements with stakeholders and the media.

Annual Report and Accounts 2023 to 2024

The Board approved the final version of the Annual Report and Accounts, subject to minor changes delegated to the Chair and the Chief Executive. The Board noted the unqualified audit opinion from the National Audit Office and thanked the staff involved in producing the document.

Day 1 briefing

The Board discussed topics to be included in briefing for new pensions minister. 

Any other business

The Board noted the annual Chair's priority letter. The Chair advised that the Board objectives would be circulated for review and agreement at the next meeting.