Changes to Risk Protection Arrangements for 2016 explained

Changes to Risk Protection Arrangements for 2016 explained

Author: Ruth MurtonDate posted: September 2016

The Risk Protection Arrangement (RPA) is available through the Department for Education and Education Funding Agency. It is an alternative way of protecting academy trusts against losses due to any unforeseen or unexpected events. The Education Funding Agency has made some changes to the scheme the new academy financial year. These changes include a reduction in the cost, introduction of more rigorous risk management audits and increased responsibilities for trusts. 

This article focuses on these key changes to the scheme and explores what governors need to know and the questions they should be asking in relation to risk.

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Hot Topics webinar May 2019

This Better Governor webinar was an opportunity for all those involved in governance, in maintained schools and academies to get up to speed with what is happening in education that is specifically relevant to governors, trustees and clerks. The session was an invaluable preparation for Governing Body and Trust Board meetings this term. This terms topics included: * New Relationship & Sex Education Guidance (DfE) * New Teacher Recruitment Website * New Related Party Transactions reporting requirements for Academy Trusts * New Interactive School Financial Value Standard (SFVS) 2019-20 * DfE funding to schools for Teachers' Pension increases This webinar was facilitated by our governance experts Steve Barker and Linda Waghorn and was a mix of input from them together with opinion polls and questions from governors.