In this blog, Phil Cuddeford takes a look at what the effect of Brexit could mean for DB pensions that you sponsor.
I am Head of LCP’s Corporate Consulting practice, ensuring that our corporate clients benefit from cutting-edge thinking.
I help UK corporate sponsors understand and implement their pension strategy in the context of their wider business objectives. This involves implementing the optimal combination of funding and investment approaches and engaging constructively with trustees. I also specialise in advising global organisations on their international pension plans. This helps my clients understand the risks they are exposed to; helps them prioritise where they can take action to reduce their costs/risks; and ensures they are kept fully up-to-date on relevant developments across the globe.
I am also one of LCP’s spokespeople - you can contact me directly on +44 (0)20 7432 6676.
In these challenging times one has to think outside of the box. LCP do this.
In this blog, Phil Cuddeford talks about the potential challenges of M&A and how you can counter them.
LCP Global Benefits Update highlights significant mortality risk to Global FTSE 100 companies’ balance sheets
LCP has today released its 2014 Global Benefits Update report, drawing on its expertise from around the world to provide a comprehensive overview of changes to the pensions landscape from 26 countries.20 February 2014
Despite companies disclosing an overall accounting funding level of 101%, latest Accounting for Pensions (AfP) analysis from LCP flags looming changes that could worsen FTSE 100 balance sheets by around £50bn22 May 2018
How I have helped our clients
The associated risk and costs of the defined benefit pension commitment being inherited had not yet been considered. This could have had a huge impact on the company’s finances. We helped our client undertake the necessary due diligence which reduced the purchase price of the M&A transaction.
We helped a top food retailer gain insight on its current pension position and help develop a robust pension plan.
Our Accounting for Pensions report, now in its landmark 25th edition, reveals that the FTSE 100 pension schemes go into surplus for the first time since 2007. Are they out of the woods?
Taking a proactive approach to your pensions accounting can improve your financial reporting benchmarks.
Our 6-point review for pensions will identify where to focus your efforts and give you a clear framework for action in 2017.
Follow our pension strategy guide which provides you with the building blocks you need to define and implement your pension strategy.
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.Meet some of our experts
We help you get the best value out of your DC scheme and ensure the best possible outcomes for membersMeet some of our experts
We help you get your investment strategy right to ensure good member outcomes in your DB and DC schemes.Meet some of our experts
We help both trustees and sponsors prepare for and deal with corporate change.Meet some of our experts
We work closely with our clients to understand their pension scheme objectives and implement effective and creative strategies to achieve them.Meet some of our experts
LCP Horizon is a one stop solution to meet your governance, communications and investment needs; enabling you to take effective, measurable actions to help your members.Meet some of our experts
LCP LifeAnalytics is a unique tool that allows you to measure the longevity risk in your pension scheme.Meet some of our experts
Our tax tools help you communicate the latest tax changes to your employees in a straightforward way.Meet some of our experts