People who dole out corporal punishment and kisses (8)
I believe the answer is:
smackers
'kisses' is the definition.
(smacker is a kind of kiss)
I don't understand the remainder of the clue.
Can you help me to learn more?
(Other definitions for smackers that I've seen before include "big kisses" , "People striking" , "worth more than one pound" , "money" , "Parents enforcing discipline perhaps" .)