ESCALATING staff expenses will form the bulk of The Pensions Regulator's running costs this year with the total budget estimated at nearly £28m.
TPR expects to incur running costs of £27.9m in 2006-07 – up from £26.1m in 2005-06 – with staff expenditure contributing £18.7m, while it expects to collect £31.6m for the Pension Protection Fund ...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
