To qualify as a stakeholder pension, a pension scheme must satisfy a number of minimum conditions, as set out in Section 1 of the Welfare Reform and Pensions Act 1999. Further details are available on The Pensions Regulator's website.
The Pensions Regulator is responsible for enforcing the conditions that define a stakeholder pension and allow it to be registered. The Pensions Regulator can fine trustees and providers for falling short of the conditions. In extreme cases it can withdraw stakeholder registration and order the winding-up of the scheme.