Auto-enrolment costs TPR £19.7m

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Preparing for and regulating auto-enrolment (AE) has cost The Pensions Regulator £19.7m, its 2012-13 accounts reveal.

The accounts, published today, reveal that total net expenditure for the period was £48.9m, of which around 40% can be directly attributed to AE. TPR said the net expenditure has been transferre...

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