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Value of penalty notices issued between 2013 and 2018

FOI reference - FOI 2018-08-29
Date - 29/08/2018

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.