DB schemes using LDI urged to negotiate harder on costs

Lane Clark & Peacock says schemes need to negotiate harder with asset managers

clock • 1 min read
LCP partner Gavin Orpin
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LCP partner Gavin Orpin

Consultancy Lane Clark & Peacock (LCP) has said that defined benefit schemes using a liability-driven investment (LDI) strategy must negotiate harder with asset managers to ensure savings for clients.

LCP today (14 February) said it had used the "combined negotiating power of the schemes which they advise" rather than fiduciary management to achieve high client savings. With high and rising i...

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