Originally Posted by
Spambhoy
as the last one ( from memory ) was taken because the fund was in surplus ? We all know what happened next.
Like you, I recall that the fund was in surplus, but that the surplus was split between members and the company. So whilst it’s true to say/suggest the company benefitted, it’s probably also fair to say that members benefitted too through improved accrual rates (again, from memory (?).