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flag UK pension schemes show surplus; regulator pushes for endgame planning amid AI testing in finance.

flag The Pensions Regulator's (TPR) latest Annual Funding Statement shows that most UK defined benefit pension schemes are in surplus, with over half able to buy out. flag TPR is encouraging schemes to move from deficit recovery to endgame planning. flag The new DB Funding Code provides guidance but has been criticized for arriving too late to benefit many schemes. flag Meanwhile, the FCA is testing AI in financial services to aid innovation.

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