UK - The new pensions regulator will cost at least £6m a year more than the existing Occupational Pensions Regulatory Authority, the House of Lords has been told.
Pensions minister Baroness Hollis of Heigham – speaking during the committee stage of the Pensions Bill – said the new body would cost schemes £23m, compared with £17m for OPRA’s final year, 2004-...
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