How scheme approaches to surpluses are evolving

Surpluses are increasingly seen as an opportunity to run on schemes

clock • 8 min read
Schemes in surplus have a wider range of options they can consider
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Schemes in surplus have a wider range of options they can consider

Charlotte Moore looks at how the mood music around scheme surpluses is starting to change.

Five years ago, it would have seemed fantastical for the Pension Protection Fund's (PPF's) 7,800 index of the UK's defined benefit (DB) schemes to post month-on-month funding improvements. And yet,...

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