LCP investment consulting practice wins 33 new clients
24 January 2011

During 2010, LCP, the leading pensions and investment consultancy, won 33 new UK pension scheme investment clients.

28 of these appointments are for trustee investment advice, 3 are for corporate investment advice and 2 are joint appointments for both trustee and corporate investment advice.  The clients are spread across the UK and range in size, with the largest having assets in excess of £1 billion and almost 16,000 pension scheme members.

Gavin Orpin, partner and Head of LCP Trustee Investment Consulting said, "At LCP we focus on delivering long-term excellent investment performance for clients through no‑nonsense and straightforward advice."

"On average, over the three years to 30 September 2010, LCP investment consulting clients for whom we provide regular performance monitoring services achieved a 7% cumulative higher return than the average UK pension scheme for 16% lower realised risk."

"Despite turbulent market conditions, DB pension scheme trustees appreciated that LCP's clear focus on effective risk management has delivered good returns."

Ken Willis, partner and Head of LCP Corporate Investment Consulting added, "Sponsors and trustees of pension schemes continue to face many challenges when it comes to funding pension schemes and managing risk."

"At LCP, we are proud to offer the right support to clients whatever investment issues they face in these testing times.  The high number of new clients that we won in 2010 is evidence of that."

New LCP investment client appointments include Hogan Lovells, Harsco, Inchcape Motors Pension Scheme and Selfridges.

LCP also won the "Best Strategy for Investment Advice on Pensions" category at the 2010 Corporate Adviser awards for the second year in a row and is currently shortlisted in the "Investment Consultant" category of the 2011 Global Pensions Awards.