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Possible punishments include seven years of jailtime. Credit: Ichigo121212/Pixabay
The industry should “have faith” that The Pensions Regulator (TPR) will not use its powers to unduly punish people for ordinary and legitimate business activity, the watchdog has said.
A prescriptive system would tie the regulator's hands too much and could lead to unintended consequences whereby it is forced to punish businesses for perfectly legitimate actions, TPR chair Sarah ...
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