Skip to main content
Visit our new site we're developing and let us know what you think

FOI reference - FOI 2016-02-10
Date - 10/02/2016

Request

I am looking for information on the numbers of cases of clearance relating to corporate transactions dealt with by The Pensions Regulator in the last few years.

I was specifically looking for information that indicates the numbers of such cases have dropped off from when the process was first introduced and reasons why this has occurred.

Response

Duty to confirm or deny whether TPR holds the information requested

I can confirm that The Pensions Regulator (TPR) holds information falling within scope of your request.

Information we are able to supply

“I am looking for information on the numbers of cases of clearance relating to corporate transactions dealt with by The Pensions Regulator in the last few years.”

Below is a table providing the numbers of clearance applications grouped by financial year.

Year Clearance created
April 2005 – March 2006 263
April 2006 – March 2007 216
April 2007 – March 2008 152
April 2008 – March 2009 112
April 2009 – March 2010 83
April 2010 – March 2011 52
April 2011 – March 2012 34
April 2012 – March 2013 41
April 2013 – March 2014 15
April 2014 – March 2015 14
April 2015 – March 2016 9

Information we are not able to supply

“I was specifically looking for information that indicates the numbers of such cases have dropped off from when the process was first introduced and reasons why this has occurred.”

To date TPR has not carried out any analysis or research into potential reasons for clearance application numbers reducing, and there are currently no plans to do so. Therefore any commentary offered in the circumstances would be merely speculative.

Duty to provide advice and assistance

I am mindful of the duty to provide advice and assistance to requesters, as far as it is reasonably practicable to do so.

As a public body we recognise that we need to be open and transparent within the spirit of Freedom of Information Act and to ensure that there is a greater understanding of the pensions landscape in which we operate. This is why we regularly publish research and analysis relating to pension scheme funding and clearance cases studies which may be of assistance. You can find these publications in scheme funding and clearance case studies.

home.freedom_of_information_(foi).recently_released_information.numbers_of_cases_of_clearance_relating_to_corporate_transactions.page