In the first video from this new series - The what, why and how of insuring pension liabilities - we answer "how can you reduce longevity risk".
I advise Trustees on a range of issues including funding, with a focus on helping schemes reach their ultimate long-term objectives.
I am also a member of LCP’s specialist Buy-in and Buy-out team and have been involved in a number of insurance transactions ranging from £5m to the £2.4bn buy-out of the Philips pension fund.
Myles Pink, Clive Wellsteed, Charlie Finch, Michelle Wright, David Salter, Dave Stewart are a good example of how a team enjoy their subject material.
Example, on the day after the PRA released guidance on Solvency II (prior to its implementation), a member of the LCP team rang us up to discuss the implications - no other de-risking team did that.
Our latest thinking
LCP has advised the Trustees of the Dresdner Kleinwort Pension Plan (the “Plan”), on a pension insurance full buy-in insuring £1.2 billion of pension liabilities.2 April 2019
LCP has promoted seven of its staff to Partner as the partnership continues to grow from strength to strength (from 1 April 2016).13 April 2016
Our report this year finds that the insurance market is entering a pension scheme buy-out boom due to improved affordability, driven by stalling life expectancies, good asset performance and attractive insurer pricing.
How I can help
We provide individual and high quality actuarial advice, taking a collaborative approach between trustees, employer and advisers, to ensure a focus on good member outcomes.Discover more
We are market leaders at each stage of de-risking, including planning, investment strategy, transactional services and wind up.Discover more