How we designed a comprehensive contingency planning framework addressing covenant, funding and investment risks, inspired by LCP Sonar.
Pensions & benefits
We help trustees to deliver the best possible outcomes for the members of their DB pension schemes.
Trustees make important decisions which affect the lives of their members and their families for years to come. We work with trustees to make sure the scheme does not lose focus and keeps abreast of the huge amount of guidance and regulation. This is particularly key, with the changes afoot on funding regulation and the direction of travel trailed in the Pensions’ Regulator’s 2019 funding statement.
Trustees need to understand diverse subjects, such as journey planning, investment, funding and risk management, all in the context of a robust understanding of the sponsor’s covenant, to get their scheme to its destination. They are also expected to work collaboratively with their sponsor to help ensure all members get the benefits they have been promised.
Chart your own course
How to navigate your pensions journey
In this report we analyse pension scheme approaches to risk and set out a blueprint for trustees to navigate the journey to securing member benefits.Download now
How we can help
Our clients and their pension schemes are unique. The better we know you, the better the solutions that we will provide. We will help you work out the end-game that is most suitable for you, and the best journey plan to get you there, whilst recognising and managing your key risks to that journey. We pride ourselves on the strong relationships we have with our clients.
We aim to walk in your shoes so that we understand what you need to make the best decisions for your circumstances and then deliver accordingly. We are adept at distilling complexity into simple messages, identifying what is important and giving clear advice on how to achieve your goals.
We understand the importance of covenant and how this intersects with funding and investment decisions – and we step back to look at your scheme and sponsoring employer through a wide lens, allowing us to give well-rounded advice.
We use cutting edge technology that enables us to help you make better decisions in less time. Our advice is supported by our innovative technology, such as LCP Visualise, which provides funding, investment and covenant analytics and LCP Sonar, our risk management tool.
How we have helped our clients
How we refreshed and reinvigorated our client’s approach to managing their integrated covenant, investment and funding risks, using LCP Sonar.
Our Trustee consulting experts
Latest viewpoint articles
Following the Government’s 2018 White Paper, the Pensions Regulator (TPR) has been ramping up its guidance on how schemes should be funded and managed – the Annual Funding statements of 2018 and 2019 as well as more recent TPR blogs have clearly signalled a direction of travel toward a new world of DB pensions regulation and oversight.17 June 2019
In this blog, Damian Bailey discusses why financial advisers are leaving the pensions transfer advice market and what this means for your members.11 June 2019
How can we 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
We help you get your investment strategy right to ensure good member outcomes in your DB and DC schemes.Discover more
We help make governance simple and effective so that you can make decisions and act on opportunities quickly.Discover more