In this blog, Jonathan Wolff discusses what moving into a consolidator means for employer covenant.
I have significant experience at LCP working across a wide range of practice areas, advising both corporate and trustee clients.
I have a particular specialism in our de-risking practice, where I have a proven track record of managing complex processes to completion.
I have been closely following the progress of IORPII into EU law, and advising clients on the governance, risk management and other implications for their UK pension schemes.
LCP provided a master class of project management. We had full confidence that we were in safe hands to complete the pensioner buy-in successfully in an efficient manner.
Our latest thinking
In this blog, Sam Jenkins, pensions actuary in our de-risking team and our independent team at LCP researching consolidators, provides an introduction to this new market, as well as an overview of the two consolidators currently in the market.
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.Meet some of our experts
We are market leaders at each stage of de-risking, including planning, investment strategy, transactional services and wind up.Meet some of our experts
We help both trustees and sponsors prepare for and deal with corporate change.Meet some of our experts
We help with pension scheme internal audit which ensures operational processes are 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