Autumn Statement 23: Government to consult on DB surplus repayment rules

The government said current 35% tax rate on extracted surpluses will reduce to 25%

Holly Roach
clock • 3 min read
Source: HM Treasury https://www.flickr.com/photos/hmtreasury/53347116498/
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Source: HM Treasury https://www.flickr.com/photos/hmtreasury/53347116498/

The government is set to launch a consultation on defined benefit (DB) repayment rules.

  The government confirmed today (22 November) that to enable pension funds to invest in a diverse portfolio, it will be consulting this winter on whether changes to rules around when DB scheme ...

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