Industry bodies welcome DWP's consultation on surplus flexibilities

Industry experts say guidance on surplus flexibilities must ‘strike the right balance’

Martin Richmond
clock • 6 min read
Left to right: ACA chair Chintan Gandhi, SPP DB committee chair Jon Forsyth and AMNT co-chair Maggie Rodger
Image:

Left to right: ACA chair Chintan Gandhi, SPP DB committee chair Jon Forsyth and AMNT co-chair Maggie Rodger

Industry bodies have welcomed the Department for Work and Pensions’ (DWP) consultation on surplus flexibilities for defined benefit (DB) schemes.

In its response to the consultation, which was published earlier this summer, the Association of Consulting Actuaries (ACA) said while it broadly supports the reforms outlined in the consultation, ...

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