Bulk purchase annuity transaction secures the benefits of all scheme members
LCP completed 17 smaller scheme transactions in 2023 through ‘streamlined approach’
Sponsor business drivers, cost bases and debt structures should be well understood
Firm said any well-presented scheme can run multi-insurer auction processes if they wish to
Scheme’s third buy-in transaction fully insures the benefits of all the scheme’s members
Consultancy says average transfer values hit £333,000, the second lowest level since 2015
LCP conference attendees do not consider DB pensions to have been a success
A raft of talented women are celebrated for their incomparable achievements
LCP analysis finds schemes should prepare for further challenging economic times
LCP says it is ‘entirely realistic’ for schemes of all sizes to target multiple insurer participants