Defined Benefit Pension Reforms Expected to Unlock Limited Investment
Government's plan may release only £8.4bn of £160bn surplus over next decade
The UK government's proposed reforms to defined benefit pension schemes are projected to unlock just £8.4 billion of the estimated £160 billion in surplus assets over the next ten years.
The reforms aim to ease rules for accessing surpluses to stimulate economic growth.
However, industry experts caution that the impact may be limited, as many pension trustees prefer securing buyout deals with insurers to mitigate financial risks.