Request
Under the Freedom of Information act request, I would like to know the value of fixed penalty notices and separately the value of escalating penalty notices handed out by The Pensions Regulator over the last five years. I would like this information broken down by year, with the year end 31 March.
Response
I can confirm that we hold information falling within scope of your request.
Information we are able to supply
Please see the details below for the values as requested:
| Year | Value of Fixed Penalty Notices | Value of Escalating Penalty Notices |
|---|---|---|
| 2013-14 | No fines issued | No fines issued |
| 2014-15 | £170,400 | £22,500 |
| 2015-16 | £857,200 | £236,500 |
| 2016-17 | £4,972,400 | £7,633,100 |
| 2017-18 | £11,546,400 | £30,457,350 |
Further information can also be found on our website.