Industry welcomes proposals to grant DB schemes easier access to surpluses

Providing schemes access to surpluses could be of ‘great benefit’ to sponsors and members

Martin Richmond
clock • 8 min read
Industry welcomes proposals to grant DB schemes easier access to surpluses

The industry has welcomed the government’s proposals of providing defined benefit (DB) schemes with increased flexibility and easier access to scheme surpluses.

The Department for Work and Pensions' (DWP) proposals form part of its Options for DB Schemes consultation, which was published in February and closes for comments tomorrow (19 April). The consulta...

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