Transfer quotation activity increases for the first time in 18 months - but take-up rates continue to fall following the introduction of new rules for advisers.
My name is Daren and I am a partner with over 25 years’ experience in the pensions industry.
I lead our excellent pensions administration department and am responsible for its strategic direction, developing our services as our clients’ needs evolve. A recent key initiative has been the development of our market-leading technology, providing clients and their members with much more meaningful information at their fingertips.
I am a highly experienced scheme secretary having, over the years, performed the role for a number of trustee boards.
I also lead a team specialising in reviewing benefit calculations performed by other administrators, whether this be a third-party provider or an in-house team. I find that reviewing a sample of calculations in this way can provide Trustees with a real insight into the administration service their members are receiving.
External appointments and memberships
- Fellow of Pensions Management Institute
- PRINCE2 (project management) Practitioner
Daren brings a wealth of experience to our Trustee Board. Relevant issues are brought to our attention at the appropriate time with tailored and pragmatic solutions. All LCP services are fully integrated so that we can be confident nothing is missed. If you are seeking best practice, I recommend highly Daren and his team.
Our latest thinking
In this blog, Daren Newman explains how trustees can benefit from independent reassurance about their administration service.
LCP has reported a record income for the financial year 2018/19 as the firm positions itself for future growth in traditional areas via developing new innovations and technological offerings.21 August 2019
LCP appoints Daren Newman as new head of Pensions Administration following the retirement of Gill Farrance earlier this month.22 July 2019
Nicole Field and Leanna Wollacott have been awarded prizes for achieving the best scores in their respective modules of the Pensions Management Institute’s (PMI) Advanced Diploma.19 July 2016
How I have helped our clients
We helped our client by carrying out a pension scheme internal audit to improve operational processes.
LCP successfully transitioned pension administration services within eight working days.
How I can help
We provide a bespoke, high quality pensions administration service.Meet some of our experts
We can help trustees and corporates review the operation processes of pension schemes and ensure they remain fit for purpose. We also advise on the potential impact of IORPII for UK pension schemes, including the governance, risk management and other implications.Meet our experts