Annal Nayyar reports on Risk protection arrangements (RPA) for academy trusts

The risk protection arrangement (RPA) for academy trusts is an alternative to insurance where losses that arise are covered by UK government funds. It will be effective from 1 September 2014.

Academy trusts joining the RPA in September can do so at any time before 1 September but if they opt in after 30 June their funding will be adjusted retrospectively from 1 November 2014 rather than from 1 September. This means if you opt in before 30 June we can adjust your payments in time for the start of the coming academic year. Trusts are able to opt in to the RPA using an online form.

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