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The Pensions Regulator gets tough with AE provider
12 million people under-saving
12 million currently under-saving - DWP
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18-year-olds eligible from mid-2020s
Potential for additional unlimited fine
Healthcare company faces TPR action
The UK pensions system remains relatively ungenerous and unequal compared to other countries, the Organisation for Economic Co-operation and Development (OECD) has said.