Presenting pensions: The Future of DB Surplus

The UK government has recently introduced the Pension Schemes Bill, marking a significant development in pension reform. This legislation aims to transform the pensions landscape by focusing on the policy aims of scale and consolidation in both defined contribution and defined benefit pension schemes.In this podcast, Lesley Browning and Samuel Coldicutt discuss the changes the Bill proposes to surplus distribution and what this will mean from employers and trustees.