Opra's tough line on October deadline

Opra is to state on its website which pension providers place restrictions on the type of corporate stakeholder business they will accept, writes Simon Falush. The regulator appears to be taking a tough line on companies which do not have a designated stakeholder provider by the 8 October deadline. It said the only way of getting out of a fine would be to provide clear and demonstrable evidence that an effort had been made to comply with the regulations. Some companies are finding it hard to find a provider who will accept their business, according to Nigel Stammers, manager of pension...