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Ex-minister Webb eyes pensions watchdog job

By Mark Kleinman, City editor
Sir Steve Webb, the former pensions minister, is in talks to become the new boss of The Pensions Regulator (TPR) as it come under pressure from the government to take tougher action against companies which fail to address funding gaps in their retirement schemes.
Sky News has learnt that Sir Steve is one of a handful of candidates who have been shortlisted to replace Lesley Titcomb as TPR's chief executive when she steps down at the end of her four-year term in February.
Sir Steve, who served as a Liberal Democrat MP for 18 years and was a minister in the coalition government led by David Cameron, would be a heavyweight choice for the job.
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