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...

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