Damian Bailey

I am a member of LCP’s not-for-profit practice, advising clients including housing associations, charities, universities and other institutions. I help organisations understand their options in defined benefit pension schemes including the Local Government Pension Scheme, Social Housing Pension Scheme and TPT Growth Plan. I have recently helped clients obtain substantial exit credits from the Local Government Pension Scheme.

My clients also include private sector pension scheme sponsors where I have helped unlock valuation negotiations by incorporating contingent assets into the valuation package, including contribution switch-offs, negative pledges and escrow.

As a member of our liability management and member options team I have run successful pension increase exchange and transfer exercises. This involves helping clients to understand the members’ viewpoint, the Code of Good Practice, assistance in the selection of a scheme-wide Independent Financial Adviser and how to improve member engagement.