Mortgage and Pensions Regulator: Difference between pages

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imported>Doug Williamson
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imported>Administrator
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1.  
A body appointed under UK pensions legislation with the objectives of working proactively to protect pension benefits, reducing the risk of claims on the Pension Protection Fund and promoting the good administration of pension schemes.
 
The Pensions Regulator took on all of the duties of Occupational Pensions Regulatory Authority (OPRA) in 2005.


An agreement under which a person borrows money against a security. 
== See also ==
 
* [[Guidance]]
The security can be over any of the borrower’s assets but is commonly property (land and buildings) though it can be any pledgeable asset including, for example, ships or financial assets.
* [[Occupational Pensions Board]]
* [[Occupational Pensions Regulatory Authority]]
* [[Pension Protection Fund]]
* [[Whistle blowing]]
   
   
The lender may take possession of the asset if the borrower fails to repay the money.
2.
The loan advanced, and the regular payment of money borrowed, under such an agreement.
Especially a loan secured on residential property.
3.
''Law''
The legal charge taken by the lender as security for the loans described above.
== See also ==
* [[Affordability mortgage]]
* [[Buy-to-Let]]
* [[Charge]]
* [[CMBS]]
* [[First mortgage debenture]]
* [[Fixed charge]]
* [[Foreclosure]]
* [[Liquidity risk]]
* [[LTV]]
* [[Pipeline risk]]
* [[Prime]]
* [[Refinancing]]
* [[Refinancing risk]]
* [[Security]]
* [[SVR]]


[[Category:Compliance_and_audit]]

Revision as of 14:20, 23 October 2012

A body appointed under UK pensions legislation with the objectives of working proactively to protect pension benefits, reducing the risk of claims on the Pension Protection Fund and promoting the good administration of pension schemes.

The Pensions Regulator took on all of the duties of Occupational Pensions Regulatory Authority (OPRA) in 2005.

See also


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