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Left to right: LCP partner Steve Hodder, Sackers partner Janet Brown and Lumera commercial director for data and dashboards Maurice Titley
The Department for Work and Pensions’ (DWP) framework on defined benefit (DB) surplus flexibilities could be “unnecessarily burdensome” for schemes intending to release surplus, the industry has said.
In response to the DWP's consultation, which closes to responses next week, LCP said the framework could be burdensome for schemes that decide to release surplus on a regular basis, as opposed to a...
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