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The Pensions Regulator
The Pensions Regulator is the regulator of work-based pension schemes in the UK. Created under the Pensions Act 2004, the Regulator has wider powers and a new proactive and risk-focused approach to regulation. The Regulator aims to tackle risks to members' benefits and to focus their resources on identifying and reducing risks, working with schemes to get them on the right track.

The Pension Protection Fund
The Pension Protection Fund was established to pay compensation to members of eligible final salary pension schemes, when there is a qualifying insolvency event in relation to the employer and where there are insufficient assets in the pension scheme to cover Pension Protection Fund levels of compensation.