Pensions & benefits

DB corporate consulting

We provide strategic advice to help sponsors manage the risks associated with pension schemes with confidence, and capitalise on opportunities with a clear strategy aligned with company objectives.

We work with sponsors to turn financial challenges associated with pensions into strategic business opportunities and make sure it is their objectives driving the pensions strategy.

Accounting for pensions

Making the most of multi-billion £ pension surpluses

Our annual accounting for pensions report presents a concise analysis of the pensions facts, figures and trends revealed by FTSE100 companies reporting in 2023.

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Seize the moment

A pivotal opportunity for corporate sponsors of DB pension schemes

This report highlights the variety of options now open to mature DB schemes approaching the end of their journey and urges schemes to get their strategy right before making their plan of action.

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Unlocking mortality trends: A key to better outcomes

Our latest longevity report shares clear insights intro mortality trends and explains how rigorous assessments of mortality assumptions can lead to better outcomes for your pension scheme members.

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As trusted partners to our clients, we bring a deep understanding of what is possible, and how to meet their specific objectives.

We focus on bringing ideas that are relevant and add genuine value to your business and shareholders

Through our experienced and curious consultants – providing actuarial, covenant and investment advice - we help clients make their pension schemes work as an asset for their organisation:

Endgame strategy and innovation

We will help chart a clear path, with innovative funding and investment strategy planning that aligns with long-term business vision. LCP’s structure and confidence to challenge the status quo mean that we bring our clients new ways to maximise the value from their pension schemes.

Unique industry insights and influence

Our industry leading figures, including Sir Steve Webb, former pensions minister, and David Fairs, former Executive Director of Regulatory Policy, Analysis and Advice at The Pensions Regulator, ensure our clients are best prepared to take advantage of change. Our 'powering possibility' proposal for positive reforms to regulation of the UK’s DB schemes has risen to the top level of government.

Risk transfer support

Our pension risk transfer team advises on more transactions than any other adviser. We work collaboratively with pension scheme trustees to ensure the sponsor view is represented throughout, and use our deep market experience to ensure exceptional pricing and terms and comprehensive risk reduction.

Robust advice and negotiation

Our advice is underpinned by robust analysis, putting clients in a strong position for negotiating with trustees and other stakeholders. For example, we combine our health analytics team, comprising of experts in epidemiology, medicine and public health, with our specialist longevity actuaries - these unique capabilities ensure our clients make more informed decisions with better understanding of the mortality risk.

Broad expertise

We have in-house expertise and experience in all pension-related matters, including M&A, member option exercises, regulatory support (e.g. to manage a sponsor’s risk under pensions legislation) and accounting, meaning we can offer full support and develop coordinated pensions strategies for our clients.