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Nearly two-fifths (39 per cent) of defined benefit (DB) pension trustees are uncomfortable with the government's proposed surplus reforms, Standard Life has found, expressing mixed views on whether the plans would be in scheme members' best interests.

There was also variation in how industry experts expect surpluses to be used, as while 38 per cent of trustees highlighted interest in options such as enhancing member benefits, a further 38 per cent were more interested in supporting sponsor business growth








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