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...

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

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

Holly Roach
Author spotlight

Holly Roach

Deputy Editor at Professional Pensions

More on Industry

Pensions UK calls for Pension Schemes Bill mandation power to be withdrawn

Pensions UK calls for Pension Schemes Bill mandation power to be withdrawn

Call comes as Bill is at a ‘crucial juncture’ in its passage through Parliament

Jonathan Stapleton
clock 03 March 2026 • 2 min read
Maps seeks testers for MoneyHelper Pensions Dashboard

Maps seeks testers for MoneyHelper Pensions Dashboard

Body looking for savers aged 18 or over who have not begun withdrawing their pension

Martin Richmond
clock 03 March 2026 • 1 min read
News Digest: Why Reform UK is misguided, mistaken and just plain wrong on the LGPS

News Digest: Why Reform UK is misguided, mistaken and just plain wrong on the LGPS

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 03 March 2026 • 1 min read
Trustpilot