Surpluses result in shift of sponsors' mindsets

Two fifths of schemes are still considering the impact of Covid-19 in their accounts

Martin Richmond
clock • 1 min read
Surpluses result in shift of sponsors' mindsets

With an increasing number of schemes finding themselves reporting surpluses, the end of the year has resulted in a substantial shift in the mindset of scheme sponsors, according to Lane Clark & Peacock (LCP).

The findings of an LCP poll revealed that just over half (53%) of scheme sponsors said their biggest priority for the upcoming year was to ensure there was a smooth audit process. The survey als...

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

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

IFoA report highlights actuarial involvement with cyber risk management

IFoA report highlights actuarial involvement with cyber risk management

IFoA said cyber risk is a ‘significant and evolving risk’ for actuaries to monitor

Holly Roach
clock 09 December 2024 • 2 min read
Combined FTSE 100 scheme surplus surpasses £65bn

Combined FTSE 100 scheme surplus surpasses £65bn

LCP says scheme funding levels improved during November

Holly Roach
clock 09 December 2024 • 1 min read
PP Admin and Data forum 2025: Register now!

PP Admin and Data forum 2025: Register now!

Our annual event will return as a half-day event at One Whitehall Place on Tuesday 6 March 2025

Professional Pensions
clock 09 December 2024 • 1 min read
Trustpilot