Abrdn sets out plans to unlock 'significant' DB surplus to fund DC plan

Agreement enables the firm’s DC contributions to be funded from the DB surplus

Holly Roach
clock • 2 min read
Abrdn sets out plans to unlock 'significant' DB surplus to fund DC plan

Abrdn has set out plans to unlock its “significant” defined benefit (DB) surplus.

The agreement – said to be one of the largest of its kind – will enable the organisation's defined contribution (DC) contributions to be funded from the DB surplus, in a move it says will benefit b...

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Holly Roach
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Holly Roach

News Editor at Professional Pensions

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