Majority of DB schemes considering surplus extraction, L&G finds

Firm said ‘thorough preparation’ is key for schemes intending to complete a PRT deal

Holly Roach
clock • 3 min read
L&G head of UK institutional, wholesale and asset management Mark Johnson
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L&G head of UK institutional, wholesale and asset management Mark Johnson

The majority of UK defined benefit (DB) pension schemes are considering surplus extraction, according to L&G.

The firm's Endgame Insights Report – which draws on a trustee survey conducted in partnership with the Pensions Management Institute – revealed 57% of schemes are considering surplus extraction dur...

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