Industry welcomes DWP focus on DB surplus

Move to make surplus extraction and design consolidator rules embraced by industry

Jasmine Urquhart
clock • 4 min read
The industry has welcomed DWP's focus on surplus extraction and public sector DB consolidation
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The industry has welcomed DWP's focus on surplus extraction and public sector DB consolidation

The industry has welcomed the Department for Work and Pensions’ (DWP) focus on enabling defined benefit (DB) surplus extraction and a public sector consolidator following its consultation.

As the government launched its Options for DB schemes consultation today (23 February), industry commentators were largely positive. Lane Clark & Peacock partner Steve Webb welcomed the governme...

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Jasmine Urquhart
Author spotlight

Jasmine Urquhart

Senior Correspondent at Professional Pensions

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