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

XPS launches small DB scheme buyout solution

XPS launches small DB scheme buyout solution

XPS Catalyst designed to tackle the main barriers for small schemes

Martin Richmond
clock 03 December 2025 • 1 min read
TPT appoints independent advisers to DB superfund

TPT appoints independent advisers to DB superfund

Provider appoints four organisations to serve as advisers to DB superfund trustee board

Martin Richmond
clock 02 December 2025 • 2 min read
Partner Insight: Why many schemes aren't as data ready as they think

Partner Insight: Why many schemes aren't as data ready as they think

LexisNexis® Risk Solutions
clock 02 December 2025 • 1 min read
Trustpilot