Employers to face jail for pension pot mismanagement

Beefed up response follows a series of high-profile corporate failures

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BHS closed its flagship Oxford Street store in 2016
(Image credit: Chris J Ratcliffe/Getty Images)

Employers who mismanage workers’ pension pots could face up to seven years in jail or unlimited fines, as part of a beefed-up response by the government to a series of high profile corporate failures.

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