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flag UK plans pension reforms to release surplus assets, aiming to benefit over 20 million workers.

flag The UK government plans to allow more flexibility in defined benefit (DB) pension schemes, aiming to release surplus assets while ensuring scheme security. flag The Pension Schemes Bill will merge small pension pots and establish clearer retirement income options. flag Trustee guidelines emphasize long-term planning and member benefits, with ongoing discussions on winter fuel payments and pension credits. flag The reforms aim to enhance retirement savings and economic investment, benefiting over 20 million workers.

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