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OPRA

   Also found in: Financial, Acronyms, Wikipedia 0.01 sec.
OPRA [ˈɒprə]
n (in Britain)
acronym for
Occupational Pensions Regulatory Authority


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He (or she) will have to be tough because the Act imposes a farm more pro active role than that played by OPRA - the Occupational Pensions Review Authority from which the Regulator takes over in April.
OPRA is already carrying out spot checks on businesses across the UK to make sure employees have the opportunity to join either a stakeholder pension scheme or an alternative scheme.
Work and Pensions Secretary Andrew Smith plans to give OPRA, the occupational pensions regulator, stronger powers to stop these frauds.
 
 
 
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