
The majority of businesses with closed defined benefit (DB) pension schemes larger than £500m plan to request access to surpluses once rules are amended, according to Brightwell.
The firm's survey found 93% of UK businesses surveyed with these schemes are "eager" to put pension surpluses to use, especially with total DB surpluses sitting at £160bn according to government an...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders