The Pension Superfund to split surplus with members and capital providers
Any surplus generated by The Pension Superfund will be shared between members and the defined benefit (DB) consolidator's capital providers, Alan Rubenstein has said.
The former Pension Protection Fund (PPF) chief executive, who founded the consolidator in March, explained that a third of assets which take the overall pot over 100%, plus a 15% capital buffer, will be...
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