Lane Clark Peacock

As the crisis drives up corporate bond yields, Phil Cuddeford explores the issues for scheme sponsors to consider when communicating their schemes’ accounting positions

Hundreds of employers are to seek to make use of deficit repair contribution (DRC) suspensions, says Lane Clark & Peacock (LCP).

Around £25bn of buy-ins and buyouts are set to be transacted this year despite the Covid-19 challenges, according to Lane Clark & Peacock (LCP).

This week’s top stories included the Smurfit Kappa UK Pension Fund’s completion of a £1.2bn fiduciary and liability-driven investment deal with River and Mercantile, and figures showing pension transfer activity has dropped to its lowest level since 2014....

Pension transfer activity has dropped to the lowest level since the introduction of the pension freedoms, research by Lane Clark & Peacock (LCP) reveals.

The Pensions Regulator (TPR) has published guidance setting out how employers can meet their automatic enrolment (AE) duties as they navigate the effects of the coronavirus pandemic.

Lane Clark & Peacock (LCP) has said it is focussing on riding out short-term uncertainty and has promoted 14 partners in a bid to contribute to the sustainable growth of the business.

The Pensions Regulator (TPR) is “pulling out all the stops” to help struggling employers during the Covid-19 crisis, although latest guidance may put trustees in a “challenging” position, the industry says.

The Financial Conduct Authority (FCA) has postponed its decision on whether to ban contingent charging on defined benefit (DB) transfers by up to six months.

Millions of public sector workers will be able to choose whether their pension provision should be accrued under legacy or reformed schemes under government plans announced yesterday.