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Started by: gaffer (7956)
Sonlyme
You’re right about pension surpluses. Because contributions go in tax free any actuarial surplus in the funds has to be distributed to employers and scheme members so the tax can be collected.
Since employers have contributed from the schemes creation , often generations ago, and the members for much shorter periods then they get a larger share of the surplus.
Replied: 23rd Nov 2021 at 09:34