£340bn of pension surplus could be unlocked as result of DWP's DB proposals

Surplus options and public sector consolidator causing some schemes to re-evaluate strategy

Jonathan Stapleton
clock • 3 min read
PwC says some schemes are delaying insurance transactions while they reassess their options in the wake of the DWP's consultation
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PwC says some schemes are delaying insurance transactions while they reassess their options in the wake of the DWP's consultation

Department for Work and Pensions (DWP) proposals on defined benefit (DB) scheme surpluses could potentially unlock £340bn for schemes to run-on and encourage investment in the UK, PwC analysis finds.

The professional services firm said the figure is based on one of the options being considered in the DWP's consultation on options for DB schemes - published last Friday (23 February) - which woul...

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