LawDeb posts pensions business revenue rise of 21.3% in 2023

Constantly changing regulatory environment provides backdrop to strong demand

Jonathan Stapleton
clock • 3 min read
The Law Debenture Corporation was founded in London in 1889 to facilitate the issue of corporate debentures. It took on its first pension scheme trusteeship in 1969.Photo: ImageGap via iStock
Image:

The Law Debenture Corporation was founded in London in 1889 to facilitate the issue of corporate debentures. It took on its first pension scheme trusteeship in 1969.Photo: ImageGap via iStock

Law Debenture has posted 21.3% increase in revenue for its pensions business – seeing turnover grow from £14.3m in the year to 31 December 2022 to £17.4m last year.

The investment trust and fiduciary services business said its independent professional services (IPS) business - which includes its corporate trust and services divisions as well as its pensions ar...

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

More on Industry

Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

Just four firms manage 80% of scheme assets, two firms planning to enter superfund market, Pensions UK says remove investment barriers

Professional Pensions
clock 19 September 2025 • 1 min read
Gresham House to buy SUSI Partners and create £10bn firm

Gresham House to buy SUSI Partners and create £10bn firm

Deal has been agreed for an undisclosed sum and is subject to regulatory approval

Patrick Brusnahan
clock 19 September 2025 • 1 min read
Is the distinction between pensions and savings problematic?

Is the distinction between pensions and savings problematic?

James Barham says the industry must start having joined-up conversations about lifetime savings

James Barham
clock 19 September 2025 • 2 min read
Trustpilot