Pensions campaign group warns against government's DB surplus proposals

Pension Security Alliance says DB extraction proposals ‘not in the interests’ of ten million DB members

Martin Richmond
clock • 5 min read
Pensions campaign group warns against government's DB surplus proposals

The government’s proposals around lifting restrictions on how defined benefit (DB) scheme surpluses can be used will put millions of people’s pensions “at risk”, a new campaign group has warned.

The government's response to its Options for DB Schemes consultation – published yesterday (29 May) – confirmed it would introduce a statutory resolution power for DB scheme trustees to modify thei...

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