Government plans to extract DB surplus 'go much further than most realised', says LCP

Consultancy analysis finds government plans to extract DB surplus could be worth £160bn

Martin Richmond
clock • 2 min read
Government plans to extract DB surplus 'go much further than most realised', says LCP

Government plans to extract the surplus from defined benefit (DB) schemes “go much further than most have realised”, LCP has said.

The consultancy noted the majority of discussions around the extraction of DB surplus were centred on the basis that the surplus would be spare cash once the scheme had sufficient funds to complete...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Benefit

Partner Insight: Real world experience of a pensions captive

Partner Insight: Real world experience of a pensions captive

Aon
clock 09 May 2025 • 1 min read
DB scheme funding remains steady in April amid market volatility, Broadstone finds

DB scheme funding remains steady in April amid market volatility, Broadstone finds

Consultancy says funding levels remain ‘robust’ in face of ‘rapidly developing’ economic backdrop

Martin Richmond
clock 08 May 2025 • 1 min read
Partner Insight: Risk settlement - Getting the best outcome in a growing and segmented market

Partner Insight: Risk settlement - Getting the best outcome in a growing and segmented market

Aon
clock 06 May 2025 • 1 min read
Trustpilot