Scheme sponsors face £100bn in costs under DB funding code and pensions bill rules, says LCP

Hope William-Smith
clock • 2 min read

The sponsoring employers of the UK’s largest pension schemes may have to put an additional £40-£45bn into their schemes over the next decade, Lane Clark & Peacock (LCP) warns.

The consultancy conducted modelling on around 300 schemes - those with assets of £1bn or more or over 10,000 members - to determine the financial impact of the government's move to a "tougher regim...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Law and Regulation

Pension consultants call for greater awareness as scale of IHT change burden becomes clear

Pension consultants call for greater awareness as scale of IHT change burden becomes clear

Consultants expect significant operational challenge as reforms come in

Alex Levy
clock 21 August 2026 • 6 min read
DWP extends VfM consultation by two weeks

DWP extends VfM consultation by two weeks

Deadline for responses extended to 15 September

Martin Richmond
clock 12 August 2026 • 1 min read
How AI is driving more complex pension member complaints

How AI is driving more complex pension member complaints

Richard Bacon and Henry Day say there has been a step change in member requests and complaints

Richard Bacon and Henry Day
clock 07 August 2026 • 3 min read
Trustpilot