[citation needed] In 2018, TPR engaged with a range of schemes that they were concerned were at risk of contagion as a result of the collapse of Carillion.
[citation needed] In cases where TPR has initiated anti-avoidance action by issuing a Warning Notice it has recovered more than £1bn, often through the use of settlement, avoiding a costly litigation process.
[citation needed] In February 2017, TPR agreed a cash settlement worth up to £363 million with Sir Philip Green in relation to the BHS pension scheme.
[11] In December 2018, it was announced that Southern Water will pay more money into its pension scheme over a shorter recovery period following an investigation by TPR.
TPR took action over what it felt was an imbalance between the funds contributed to the Southern Water Pension Scheme and the level of dividends paid to shareholders in 2016 and 2017.