Historical analysis key to DB surplus allocation, says Hymans

Analysis of past contribution split can provide an objective basis for negotiations

Alex Levy
clock • 3 min read
Martin Potter: There may not be a mathematically ‘correct’ answer to the surplus-sharing question
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Martin Potter: There may not be a mathematically ‘correct’ answer to the surplus-sharing question

Trustees should conduct a historical analysis of defined benefit (DB) scheme funding levels when considering surplus allocation, Hymans Robertson says.

A report from the consultancy – Whose surplus is it anyway? – outlined varying expectations for ownership of DB surpluses after new provisions were introduced in the Pension Schemes Act 2026, sugge...

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