Pensions Regulator

The independent regulator set up under the Pensions Act 2004. Key objectives are to protect member’s interests, reduce the risk of claims on the PPF and promoting good administration of schemes. The Regulator has extensive powers, including the so-called “moral hazard” provisions (including contribution notices, financial support directions and restoration orders) aimed at preventing employers avoiding pension liabilities. www.thepensionsregulator.gov.uk