LCP urges trustees to bolster sponsor relationships and understanding

Sponsor business drivers, cost bases and debt structures should be well understood

Jasmine Urquhart
clock • 2 min read
Continued high interest rates mean trustees and sponsors need good lines of communication
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Continued high interest rates mean trustees and sponsors need good lines of communication

Pension scheme trustees should prioritise “strong sponsor relationships” amid high interest rates, Lane Clark & Peacock (LCP) says.

In a blog from associate consultant Robin Alexander and head of covenant and financial analysis Jonathan Wolff, the consultancy said sponsors' financial information and debt structure should be wel...

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