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

More on Defined Benefit

Employer 'proactivity' needed to avoid trapped surplus

Employer 'proactivity' needed to avoid trapped surplus

Hymans Robertson says sponsors need plans to ensure efficient utilisation of surplus

Jasmine Urquhart
clock 22 May 2024 • 1 min read
UK DB profit warnings fall for first time in a year

UK DB profit warnings fall for first time in a year

EY-Parthenon report shows 18 profit warnings were issued by UK sponsors with a DB scheme

Holly Roach
clock 16 May 2024 • 2 min read
Professional Pensions' DB Funding Index

Professional Pensions' DB Funding Index

How the funding of defined benefit pension schemes is changing

Jonathan Stapleton
clock 14 May 2024 • 1 min read
Trustpilot