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The majority (74%) of defined benefit (DB) schemes were in surplus on a technical provisions basis – a higher proportion than for any previous year since the start of the funding regime, while long-term objectives are increasingly focussed on run-on, Aon analysis has found.
A report from the consultancy looked at 80 valuations carried out under the new funding regime up to July 2026, allowing for analysis of the impact of the code introduced in 2024 that aimed to guid...
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