All LCP articles
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News
Majority of trustees support UK surplus extraction plans
FTSE100 companies have £50bn in surplus on low-dependency level, according to LCP
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News
Momentum expected to continue for smaller schemes in BPA market
2024 saw new entrants Royal London and Utmost complete their first deals below £100m
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News
TPR figures suggest government looks to extract surplus on low-dependency level
The government is looking to allow schemes more flexibility to enable surplus from DB schemes to be returned to employers
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News
Mandating minimum size for DC schemes won’t push for UK investment
Consolidating DC schemes will take a long time, cause massive cost and disruption and may still fail to deliver government’s objectives, says LCP
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Opinion Pieces
Viewpoint: How a DB ‘surplus code’ could support economic growth
David Wrigley, partner at LCP, says supporting the appropriate release of surpluses could provide a shot in the arm to the UK economy
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News
UK welcomes Torsten Bell as new pensions minister
Emma Reynolds is appointed economic secretary to the Treasury in a cabinet reshuffle
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News
UK regulator urged to support switch to DB surplus focus for growth drive
TPR and other economic regulators have been called in to Downing Street on Thursday to explain how they will support the government’s growth agenda
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News
LCP predicts new DB superfund and insurer PRT entrant in 2025
Consultancy expects 2025 to be another bumper year with £40-50bn of buy-ins
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News
UK government puts second phase of pensions review on hold
The second phase of landmark pensions review was expected to launch before the end of the year
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News
Consolidating DC schemes into megafunds could lead to unintended consequences
UK government proposes consolidation of DC schemes into £25bn megafunds
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Analysis
UK’s productive agenda overlooks life insurers holding £310bn of pension assets
UK life insurers could potentially invest up to £100-£200bn in productive investments over the next 10 years
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News
UK government launches consultation on multi-employer CDC schemes
The consultation follows the launch of Royal Mail CDC scheme; Church of England Pensions Board expresses interest
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News
Thomas Miller & Co complete £140m buy-in with Aviva
The transaction secures the benefits of all members in the scheme
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News
More than half of professional trustee appointments are now sole trustees
LCP saw a 30% increase in the number of sole trustee appointments over the last year
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News
National Grid Pension Scheme outsources executive services to LCP
The appointment comes after the scheme’s CEO Chris Hogg announced he was stepping down this summer
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Analysis
More de-risking transactions below £200m are expected, consultants say
Despite transactions above £1bn dominating the market in 2023
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News
ICSWG launches workstream to enhance sustainable investment practices
Regulations have unintentionally led many trustees to spend most of their sustainability time and budgets on compliance-focused activities, says group
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News
UK pension schemes endorse call for policy shift to combat climate change
The call is endorsed by 35 pension schemes with assets totalling £84bn
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News
UK government announces ‘landmark’ pensions review
Chancellor of the exchequer, Rachel Reeves, says the review is set to boost investment, increase pension pots and tackle waste in the UK pensions system
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News
‘Business as usual’ for UK pensions schemes following King’s speech
Labour government introduces Pensions Scheme Bill