DB members 'afraid' of surplus extraction plans

PIC survey finds most DB members oppose political interference with pensions

Holly Roach
clock • 2 min read
PIC CEO Tracy Blackwell
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PIC CEO Tracy Blackwell

Defined benefit (DB) members are “afraid” of surplus extraction rules, a survey by Pension Insurance Corporation (PIC) has found.

PIC said its survey found members of DB schemes are "afraid" that the government's proposals for surplus extraction put their retirement "at risk". This comes after the government earlier this y...

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Holly Roach
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Holly Roach

News Editor at Professional Pensions

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