DB schemes must remain 'agile' going into 2024, says LCP

Consultancy says companies have opportunity to make the most of changing ‘mood music’

Martin Richmond
clock • 2 min read
DB schemes must remain 'agile' going into 2024, says LCP

Defined benefit (DB) pension schemes will need to ensure they remain agile heading into 2024, according to Lane Clark & Peacock (LCP).

The consultancy has argued - irrespective of a DB scheme's chosen route - agility will remain an important factor for schemes due to ongoing legislative developments such as the chancellor's Mansio...

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

Martin Richmond
Author spotlight

Martin Richmond

Reporter at Professional Pensions

View profile
More from Martin Richmond

PCS union members working at MyCSP announce further strike action

Highest rated workplace pension apps revealed

More on Defined Benefit

ONS estimates of very old increase in number
Defined Benefit

ONS estimates of very old increase in number

Around 15,000 have reached 100 or over as of 2024, compared to half as many 20 years ago

Jasmine Urquhart
Jasmine Urquhart
clock 03 September 2025 • 2 min read
Tender Watch: Emerson selects LifeSight as master trust provider
Defined Benefit

Tender Watch: Emerson selects LifeSight as master trust provider

LifeSight will cover all active, deferred and drawdown members of the pension scheme

Professional Pensions
Professional Pensions
clock 27 August 2025 • 1 min read
FTSE 350 firms face 'financial risk' from early DB surplus access
Defined Benefit

FTSE 350 firms face 'financial risk' from early DB surplus access

Barnett Waddingham says firms will miss out on additional value if they access surpluses too soon

Holly Roach
Holly Roach
clock 18 July 2025 • 2 min read
Trustpilot