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