| The Pensions Regulator |
The Pensions Regulator is the new regulatory body for work-based pension schemes in the UK which opened for business on 6 April 2005, replacing Opra, the Occupational Pensions Regulatory Authority. What's changed? The Pensions Regulator differs from Opra in a number of ways. The new regulator: - has a defined set of statutory objectives;
- has wider powers to investigate schemes and take action where necessary;
- takes a proactive, risk-focused approach to regulation; and
- provides practical support for the regulated community.
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