Majority of businesses with closed DB schemes larger than £500m plan to request surplus access

Brightwell survey finds most firms with large, closed DB schemes are ‘eager’ to put surpluses to use

Holly Roach
clock • 3 min read
Majority of businesses with closed DB schemes larger than £500m plan to request surplus access

The majority of businesses with closed defined benefit (DB) pension schemes larger than £500m plan to request access to surpluses once rules are amended, according to Brightwell.

The firm's survey found 93% of UK businesses surveyed with these schemes are "eager" to put pension surpluses to use, especially with total DB surpluses sitting at £160bn according to government an...

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

More on Defined Benefit

PIC completed £6.8bn of new business premiums in 2025

PIC completed £6.8bn of new business premiums in 2025

Specialist DB insurer says it has a ‘very strong’ pipeline of new business for 2026

Martin Richmond
clock 18 March 2026 • 2 min read
Evolving PRT market presents opportunities for smaller schemes

Evolving PRT market presents opportunities for smaller schemes

Hymans Robertson says smaller schemes must ‘carefully’ consider their broking approach

Martin Richmond
clock 17 March 2026 • 2 min read
Partner Insight: Creating value - defined benefit pension scheme strategy in M&A Transactions

Partner Insight: Creating value - defined benefit pension scheme strategy in M&A Transactions

Matthew Richardson, Partner and Alice Wilmot, Associate Partner at Aon
clock 13 March 2026 • 3 min read
Trustpilot