LCP

The financial impact on defined benefit (DB) schemes from the Covid-19 pandemic is “likely to be marginal”, and only in the event of continued substantial additional deaths for many years would there be a significant reduction in UK DB scheme liabilities,...

Guidance to help trustees comply with climate disclosure rules will also call on them to “act now” to protect pension savers from climate risk, The Pensions Regulator (TPR) says.

Lane Clark & Peacock (LCP) has announced a raft of partner promotions including two within its newly expanded covenant team.

Contingent funding is set to be used by three-quarters of schemes as they seek to cover liabilities without draining employer cash, says Lane Clark & Peacock (LCP).

The government’s “double U-turn” on the retrospective use of the regulator’s new criminal powers in the Pension Schemes Act is creating damaging confusion, Lane Clark & Peacock (LCP) says.

Pension Insurance Corporation (PIC) concluded £5.6bn on bulk annuities in 2020 after recording just over £2.1bn in the second half of the year.

Retirees who are shunning annuities face a huge variety of product options, charges and investment performance when going down the investment pathway route and need to do more to 'look under the bonnet' before making a selection, LCP research finds.

The Pensions Regulator (TPR) has launched a consultation on amalgamating ten of its 15 codes of practice into a single 149-page document.

Less than half (45%) of trustees and pension scheme administrators say their schemes have accurate accrued pension amounts available digitally for all members, according to PP research.

It is “perverse” that not all defined contribution (DC) members are offered investment in illiquid asset classes, according to Lane Clark & Peacock head of DC Laura Myers.