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Opra dismisses 10 myths of stakeholder

Opra has issued a statement to dispel what it sees as the ten stakeholder myths persisting in the market as the October 8 deadline for compliance is reached.

The first myth the regulator is keen to scotch is that today&#39s deadline has been put back. It also emphasises that employers do not have to either establish or contribute to a stakeholder scheme in order to be compliant.

The statement also claims 300,000 stakeholders have been taken out since they were officially launched in April and rumours the products have been a &#39disaster&#39 are untrue.

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