LCP urges trustees to bolster sponsor relationships and understanding

Sponsor business drivers, cost bases and debt structures should be well understood

Jasmine Urquhart
clock • 2 min read
Continued high interest rates mean trustees and sponsors need good lines of communication
Image:

Continued high interest rates mean trustees and sponsors need good lines of communication

Pension scheme trustees should prioritise “strong sponsor relationships” amid high interest rates, Lane Clark & Peacock (LCP) says.

In a blog from associate consultant Robin Alexander and head of covenant and financial analysis Jonathan Wolff, the consultancy said sponsors' financial information and debt structure should be wel...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions
member?

Login

Jasmine Urquhart
Author spotlight

Jasmine Urquhart

Senior Correspondent at Professional Pensions

More on Defined Benefit

LGPS assets hit record £400bn in March

LGPS assets hit record £400bn in March

Isio finds funding levels increased 67% since last actuarial valuation in March 2022

Jasmine Urquhart
clock 29 April 2024 • 2 min read
Clara Pensions CEO questions need for public sector consolidator

Clara Pensions CEO questions need for public sector consolidator

Simon True says need for PPF consolidator ‘not obvious’ in a ‘vibrant’ market

Martin Richmond
clock 26 April 2024 • 2 min read
CETVs 'significantly lower' since last year as Q1 sees 2% decrease

CETVs 'significantly lower' since last year as Q1 sees 2% decrease

Transfer Value Index finds average volumes are £160,000 but 50% lower than last year

Jasmine Urquhart
clock 25 April 2024 • 1 min read
Trustpilot