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Whilst industry experts have welcomed parts of the government's plan to "overhaul" the defined benefit (DB) pensions regime, concerns have been raised over the potential risks to members, as well as the broader insurance and superfund market.

The Department for Work and Pensions (DWP) is currently consulting on plans designed to help make DB surplus extraction easier, alongside plans for a public sector consolidator operated by the Pension Protection Fund (PPF)








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