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Scheme incentive exercises

FOI reference - FOI-4272
Date - 24 December 2019

Request

  1. How many schemes have undertaken incentive exercises in the last 5 years?
  2. How many incentive exercises you've investigated in that period? and
  3. Whether you've had to used your powers in response to any of these investigations?

Response

I can confirm that we hold information falling within scope of your request.

Information we are able to supply

1. How many schemes have undertaken incentive exercises in the last 5 years?

In the last five years 53 schemes have the term "incentive exercise" within our records for them.

We are unable to determine how many of these schemes undertook an incentive exercise without searching our record for each individual scheme. As this work would require an extension of time we have opted to provide the available information to you.

2. How many incentive exercises you've investigated in that period?

Two investigations which TPR has undertaken mention the term "incentive exercise".

3. Whether you've had to use their powers in response to any of these investigations?

We did not use our powers in response to either of these investigations.