Surplus

Industry lines up to praise DB surplus moves as long as right guardrails are in place

Reform could be positive for employers, workers, members and the economy at large

Sources tell Sky News and FT the move could unlock more than £60bn held in DB schemes

Industry hits out at lack of proposals for private sector DB surpluses

Firm says funding levels moved by less than 0.1% during days surrounding the election

Surpluses are increasingly seen as an opportunity to run on schemes

Surpluses often trapped with accounting rules providing block on discretionary increases

Hymans Robertson says sponsors need plans to ensure efficient utilisation of surplus

Naomi Brown says the question of surplus return to employers is complex

Brightwell CEO says trustees and sponsors must be clear on surplus flexibility rules