Using the AI Compliance Assistant
What the AI Can Do for You
PensionPortal.ai includes an AI Compliance Assistant that you can ask plain-language questions about your IORP II obligations, scheme governance, and how to use the platform. The AI is designed to:- Explain complex regulatory requirements in plain language
- Help you understand what a specific obligation means for your scheme
- Draft narrative sections for documents like the ORA (subject to your review and approval)
- Answer questions about the ACS, KFH requirements, written policies, and other compliance topics
- Point you to the relevant section of the Pensions Authority’s guidance
How it’s Grounded in PA Regulatory Documents
The AI is not a generic language model that guesses at regulatory requirements. It is grounded in a curated set of Pensions Authority regulatory documents, including:- The IORP II Regulations 2021
- PA Guidance Notes on governance requirements
- ACS filing guidance
- ORA guidance
- KFH guidance
- DORA implementation guidance
The regulatory landscape changes. The platform’s document library is updated when the Pensions Authority issues new guidance, but there may be a lag. Always verify important regulatory positions with your advisers.
The Most Important Thing: AI Outputs Require YOUR Approval
This is a deliberate design choice. The Pensions Authority expects trustees to exercise genuine judgment — not to delegate it to a software tool.Example Questions You Can Ask
Here are some examples of what to ask the AI: About your obligations:- “When is my ACS due and what happens if I miss the deadline?”
- “What does IORP II require in terms of the Own-Risk Assessment?”
- “How often do I need to review my written policies?”
- “What is the 30-day KFH notification requirement?”
- “Our Investment Policy Statement hasn’t been reviewed in 4 years. What should I do?”
- “One of our KFHs has just resigned. What steps do I need to take?”
- “We’re changing our investment strategy. Does this trigger an ORA review?”
- “How do I start a new ACS?”
- “Where do I upload the KFH notification to the PA?”
- “How does the dual sign-off process work for the ORA?”
- “Draft the cyber risk section of our ORA. Our scheme has [describe circumstances].”
- “Help me write the introduction to our Risk Management Policy.”
- “Summarise our compliance position for the board pack.”
What the AI Cannot Do
The AI is a powerful tool, but it has real limits:| The AI can | The AI cannot |
|---|---|
| Explain regulatory requirements | Give legal advice |
| Draft compliance documents | Make compliance decisions for you |
| Reference PA guidance | Guarantee its output is current or correct |
| Answer platform-related questions | Fix data errors in your scheme record |
| Help you prepare for PA interaction | Represent you before the PA |
How to Access the AI Assistant
The AI Assistant is available throughout the platform:- Click the Ask AI button in the top navigation bar
- Use the contextual ? button on any page to ask questions specific to that feature
- Access the full conversation history under AI Assistant → History