We have a tenant with the Microsoft 365 Business Premium subscription. Having this license, are we allowed to setup the retention policies for SharePoint Online?
When I go to the Compliance Center > Policies, I don't see the "Retention" link. Is it because Microsoft 365 Business Premium does not include retention policies?
I have checked a different tenant with the Microsoft 365 Business Essentials subscription. And I can see the Retention option available: