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Of the £62.1m that is recoverable debt, just £18.4m has been recovered
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 notes,...
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