Pensions Regulator or Occupational Pensions Regulatory Authority
( OPRA )
The Pensions Regulator
note: Occupational Pensions Regulatory Authority (OPRA) is now the
Pensions Regulator is the United Kingdom regulator of work-based
Pensions Act 2004 gives the Pensions Regulator a set of specific
protect the benefits of members of work-based pension schemes;
promote good administration of work-based pension schemes; and
reduce the risk of situations arising that may lead to claims
for compensation from the Pension Protection Fund.
order to meet these objectives, the Pensions Regulator concentrates
their resources on schemes where they identify the greatest risk
to the security of members' benefits. They will also promote high
standards of scheme administration, and work to ensure that those
involved in running pension schemes have the necessary skills and
is a 'work-based' pension scheme?
A work-based pension scheme is any scheme that an employer makes
available to employees. This includes all occupational schemes,
and any stakeholder and personal pension schemes where employees
have direct payment arrangements.
to 5.30pm, Monday to Friday
to the Pensions Regulator