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ACA chair Stewart Hastie: It is hoped measures that could incentivise the way in which surplus is used will be debated
Low dependency or a margin above low dependency is the minimum level at which scheme surplus can be released at trustee discretion, a survey by the Association of Consulting Actuaries (ACA) finds.
The publication of the survey – conducted in May from 363 ACA members, with 65% identifying themselves as being primarily actuarial advisers to trustees – follows the government's response to its O...
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