TPR enforcement increases by more than 25% but debt recovery rate remains low

Holly Roach
clock • 1 min read

The Pensions Regulator’s (TPR) enforcement actions increased by more than a quarter over the last year but the recovery rate against all recoverable debt sat at just 30%, according to law firm Clyde & Co.

The watchdog took 128,807 enforcement actions in the year ending 31 March 2019, up from 102,497 in the same period the year prior. Enforcement actions available to the regulator are compliance n...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions
member?

Login

Holly Roach
Author spotlight

Holly Roach

News Editor at Professional Pensions

More on Industry

XPS upgrades result expectations in post-close trading update

XPS upgrades result expectations in post-close trading update

Consultancy says continued regulatory change and new clients are driving performance

Jonathan Stapleton
clock 11 April 2024 • 2 min read
Q1 mortality data similar to pre-pandemic lows

Q1 mortality data similar to pre-pandemic lows

Cumulative mortality rates 2.9% lower than last year but higher for working age adults

Jasmine Urquhart
clock 11 April 2024 • 1 min read
Transition Plan Taskforce publishes final set of resources

Transition Plan Taskforce publishes final set of resources

Suite of documents aims to support creation of consistent transition plans to reach net zero

Martin Richmond
clock 10 April 2024 • 2 min read
Trustpilot