Clearance applications to TPR just 3% of when regime was introduced

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Only nine clearance applications relating to corporate transactions were made to The Pensions Regulator (TPR) in the 2015/16 financial year, data has revealed.

The figure is just 3% of the 263 cases the watchdog dealt with in the first year of the process being introduced, according to a Freedom of Information (FOI) request response. The process is not...

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