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Pensions Watchdog's Fines Soar, Piles Pressure On UK Firms

Law360, London (August 13, 2018, 1:02 AM BST) -- The U.K. pensions regulator more than doubled what it took in fixed-notice penalties in the year to March compared with the previous 12 months, pulling in £11.5 million ($14.7 million), as a leading pensions lawyer warned of a "wake-up call" for all employers.

The watchdog banked £11.5 million ($14.7 million) from fines levied on firms that failed to enroll staff on pension schemes in the 12 months to March - a 135 percent jump. (AP) The amount the watchdog banked from fines levied on firms that failed...
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