How the Littlewoods Pensions Scheme engaged with the market to achieve transaction success
Pensions & benefits
and longevity swaps
When it comes to transferring your pension risk to an insurance company you only get one chance to get it right.
From the early steps of navigating your scheme’s de-risking journey to the final negotiations for a buy-in or buy-out transaction, we are the recognised industry experts. So you can feel confident that you’re in the best possible hands.
How we can help
Your journey to remove risk from your DB pension plan can be a challenging one and we're here to guide you throughout that journey.
We’re often brought in as a specialist adviser, working constructively with your scheme actuary and investment consultant, to review buy-in, buy-out and longevity swap options. We don’t duplicate the work they do. Instead, our independent advice helps you plan, prepare and be ready to move with confidence.
We have a suite of award-winning technology to help you do this. LCP Visualise and LCP LifeAnalytics provide everything you need to know to make joined-up investment, funding and de-risking decisions.
When it’s time to execute a transaction, we are skilled negotiators who work hard to make sure you get the very best outcome. We help you move quickly to lock into short-lived pricing opportunities, just as the ICI Pension Fund did after the EU referendum vote (read about it here). That’s why we’ve been the lead adviser on more of the UK’s defining buy-ins and buy-outs than anyone else.
How we have helped our clients
How a collaborative approach led to a £855m full buy-out for the PA Consulting Pension Scheme.
In July 2017, the Trustee of the Royal Mail Pension Plan entered into a £450m full buy-in with Rothesay Life covering the benefits payable to members of the Post Office Limited Section. LCP acted as lead adviser to the Trustee.
How we helped the MIRA Retirement Benefits Scheme complete a £70m PPF-plus buy-out, putting members’ interests first
Our Buy-ins, buy-outs & longevity swaps experts
Our latest thinking
In this blog, Dan Mikulskis asks how well you have TESTED the impact of your covenant on your investment strategy.23 August 2019
In this blog, Charlie Finch explores what is driving this trend and why the market has reached a tipping point.17 May 2019
How we can help
We are market leaders at each stage of de-risking, including planning, investment strategy, transactional services and wind up.Discover more
Our team works with trustees and sponsors of pension schemes to help them maximise their investment returns, while ensuring risk is well managed.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
We help you identify and implement strategies that will help you achieve your objectivesMeet some of our experts
We help companies manage and mitigate their pensions risks and costs.Meet some of our experts
We support trustees and employers through the complex process of winding up a scheme.Meet some of our experts