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...

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