All LCP articles
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News
Bank 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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News
UK launches consultations on ISSB, transition plans and sustainability assurance
Announcement comes as GRI unveils two new climate standards
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News
Baker 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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News
UK 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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News
Pensions 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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News
UK 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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News
UK 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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News
Prudential 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
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News
Bulk purchase annuity transactions hit record number in 2024
298 bulk purchase annuity transactions were completed in 2024, an increase from 227 in 2023
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News
UK government confirms multi-employer CDC regulation for autumn
Pensions minister says several organisations are actively looking to set up multi-employer CDC schemes
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News
Professional trustees gain influence within UK pension industry, reports say
Many trustees still feel ‘that their voice is not being heard in the corridors of power’, says LCP
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News
TPR ‘right’ to hold professional trustees to account as it extends regulatory oversight
The UK regulator’s market oversight team will establish ongoing supervisory relationships with professional trustee firms
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News
People moves: Schroders Capital Solutions picks CIO
Plus: Danica replaces chief financial officer, LCP adds to actuarial and risk transfer team
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News
More guidance needed for UK councils reducing pension contributions
Kensington and Chelsea Pension Fund’s investment committee have voted for council pension contributions to be cut to zero
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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