How we helped one of the largest DB pension plans in the UK, ICI Pension Fund, progressively insure their longevity risk using innovative umbrella contracts
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.
Do you know how much longevity risk your pension scheme is running?
Click START to answer three simple questions about your scheme to find out if you're thinking about longevity risk in the right way.Discover more
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 we helped the MIRA Retirement Benefits Scheme complete a £70m PPF-plus buy-out, putting members’ interests first
How we helped the Philips Pension Fund achieve full buy-out with a progressive de-risking approach
How we helped the Visiocorp UK Limited Pension Scheme complete a £20m full buy-out in rapid timescale
Our buy-ins, buy-outs & longevity swaps experts
In this guest blog, Mike Edwards, who is the Head of Origination and Structuring for Scottish Widows’ Bulk Annuities team, provides an insurer's perspective on some current trends.19 June 2017
In this blog, Sarah Gunn welcomes the advice from TPR that small schemes should be taking a fresh look at the risks they face, and includes a warning to not forget longevity risk.1 June 2017
We are market leaders at each stage of de-risking, including planning, investment strategy, transactional services and wind up.Meet some of our experts
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