Aviva Launches Flexible Solution for DB Surplus Transfers to DC Schemes
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Aviva plc has introduced a solution within the Aviva Master Trust allowing Defined Benefit pension scheme trustees and employers to transfer surplus funds to Defined Contribution arrangements. This initiative aims to provide tax-efficient outcomes for members and is available to new and existing clients with surplus DB schemes. The Aviva Master Trust manages over £17 billion in assets for 580,000 UK workers.
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