All LCP articles
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NewsFurther M&A activity expected in UK pension and risk transfer market
Three of the 11 insurers active in the bulk annuity market announced acquisitions by international insurers in 2025
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NewsCDC rollout risks faltering without clearer government roadmap
Collective Defined Contribution pension funds could be a ‘game-changer’, but only if people understand it, consultants say
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NewsBuyout boom cements insurance as top endgame for UK DB pension funds
LCP projects a continued ‘healthy’ pipeline of £350bn to £550bn of buy-in transactions over the next decade
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NewsTPT Retirement Solutions enters superfund market with £1bn run-on model
£1bn of committed capital would be sufficient to fund several transactions
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NewsIreland’s Pensions Authority proposes new investment rules for savings accounts
Since the transposition of the IORP II Directive into Irish law, there has been an increased demand for personal retirement savings accounts (PRSAs)
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NewsBP Pension Fund completes £1.6bn buy-in with L&G
L&G provided the fund with a Gilt-based price lock using the fund’s Gilt holdings
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NewsPPF scraps levy as UK Pension Schemes Bill progresses
The move saves defined benefit schemes and their sponsoring employers collectively £45m
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NewsFour professional trustee firms responsible for £800bn of UK pension assets
LCP report shows that while AUM by professional trustees is still concentrated, appointment volume is more widely spread
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NewsABB Plan completes £700m buy-in with Aviva
The transaction secures the benefits of more than 4,450 pensioner members and over 2,900 deferred members.
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NewsUK risk transfer market expects lower volumes but higher transaction numbers
While small transactions have been gaining momentum, there have also been a significant number of large transactions so far this year
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NewsSuperfunds gain traction in defined benefit endgame, says LCP
The consultancy estimates that around half of all DB pension funds, with combined assets of £600bn, could become eligible for a superfund transfer
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NewsUK government urged to share details of second phase of Pensions Review
There was a notable absence of any mention of phase two of the pensions review in the UK chancellor’s Mansion House Speech last night
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NewsBank of England warns against ‘mandation’ of pension investment strategy
BoE governor Andrew Bailey’s clear objection puts the spotlight on the Pension Schemes Bill’s future
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NewsUK launches consultations on ISSB, transition plans and sustainability assurance
Announcement comes as GRI unveils two new climate standards
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NewsBaker Hughes completes three buy-ins worth £900m with PIC
The transactions secure pensions of over 3,000 pensioners and dependents, and nearly 4,000 deferred members
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NewsUK launches ‘game changing’ Pension Schemes Bill
DWP says new bill will create a more ‘efficient, resilient pension landscape’, and lay the foundation for the upcoming Pensions Review
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NewsPensions regulator calls on trustees to consider new options for endgame planning
TPR says it is ‘critical’ that trustees take advice and undertake an appropriate level of due diligence
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NewsUK funds consider reducing US exposure amid tariff uncertainty
Pension funds have responded to market volatility driven by US tariffs through a combination of rebalancing, diversification, and governance reviews
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NewsUK relieved as government backs off from forced economic growth investment
The government previously toyed with the idea of mandating DC providers to invest in productive assets
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NewsPrudential Regulation Authority puts funded reinsurance use high on agenda
Regulator to increase transparency of insurer life stress test by publishing both sector-wide and firm-specific stress test results for largest UK life insurers
