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

  • 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

Will LGPS schemes cut contributions in light of sustained surpluses?

Will LGPS schemes cut contributions in light of sustained surpluses?

PwC asks if public sector schemes will look to use surpluses to meet contribution costs

Jonathan Stapleton
clock 03 May 2024 • 3 min read
PIC completes £1.5bn of new business transactions in Q1

PIC completes £1.5bn of new business transactions in Q1

Specialist DB insurer reports ‘strong’ start to the year with launch of new buyout service

Martin Richmond
clock 03 May 2024 • 1 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 03 May 2024 • 1 min read
Trustpilot