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

Hope William-Smith
clock • 2 min read
LCP: 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.
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LCP: 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.

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 regime" with...

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