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Louise Davey: Every scheme is different, and trustees need the freedom to weigh the circumstances of their scheme and reach the right decision
Government regulations on defined benefit (DB) scheme surpluses should not treat the low-dependency funding test as an automatic threshold for release, Independent Governance Group (IGG) says.
In its response to the government's consultation on surplus flexibilities for defined benefit pension schemes, IGG called for a scheme-specific approach to protect member benefits. While support...
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