366.Besides the reform of the National Insurance rebate, there are four main parts to the reform of occupational pensions in the Act:
	increased member involvement in schemes by requiring that all schemes must have one-third Member-Nominated Trustees (MNTs) by a process laid out in regulations or under procedures devised by the employer and approved by scheme members. The purpose is to increase confidence in the schemes, thereby encouraging more employees to join;
	further protection of members’ pension rights by:allowing the Occupational Pensions Regulatory Authority* (Opra) to make their register of disqualified trustees more accessible to the public; andgiving powers to Opra to monitor schemes which are in the process of winding up to ensure that winding up is undertaken as quickly as possible;
	changes to the existing regulation-making powers to enable future regulations to require money purchase schemes to provide members with an illustration of the likely future value of their pension, thereby improving members’ appreciation of the value of their pension rights; and
	measures to provide further clarification, simplification and flexibility for those operating schemes. These will:increase the options for discharging contracted-out pension rights;increase the options available to scheme members when they transfer their pension rights; andallow a greater range of persons to make representations to the Pensions Ombudsman.
Part II: Pensions. Background – State Second Pension and Occupational and Personal Pensions Improving the framework for occupational and personal pensions