Most trustees plan to adopt statutory override for DB surplus, poll finds

XPS Group survey found most schemes are now more likely to run-on to build and use surplus

Holly Roach
clock • 1 min read
Most trustees plan to adopt statutory override for DB surplus, poll finds

Most trustees are planning to adopt the new statutory override for defined benefit (DB) surplus, according to XPS Group.

A poll conducted by the consultancy found 76% of trustees intend to use the override to give them the power to distribute surplus. This comes after the government laid the Pension Schemes Bill i...

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Holly Roach
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Holly Roach

Deputy Editor at Professional Pensions

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