May 2025

There’s been a lot of discussion recently in the general and specialist pensions media about government plans to make it easier for Defined Benefit fund sponsors – the employers — to access what some in the pensions industry call “trapped surpluses,” which many DB schemes have built up in recent years. In their pursuit of […]

PRG asked a Reuters Pension Fund member who has made use of the scheme’s internal dispute process how he found the experience. The main takeaways: the whole process is slow but works well. It is fact driven, not overly bureaucratic and serious consideration was given to the member’s complaint. Background to complaint In May 2022