LawDeb posts pensions business revenue rise of 21.3% in 2023

Constantly changing regulatory environment provides backdrop to strong demand

Jonathan Stapleton
clock • 3 min read
The Law Debenture Corporation was founded in London in 1889 to facilitate the issue of corporate debentures. It took on its first pension scheme trusteeship in 1969.Photo: ImageGap via iStock
Image:

The Law Debenture Corporation was founded in London in 1889 to facilitate the issue of corporate debentures. It took on its first pension scheme trusteeship in 1969.Photo: ImageGap via iStock

Law Debenture has posted 21.3% increase in revenue for its pensions business – seeing turnover grow from £14.3m in the year to 31 December 2022 to £17.4m last year.

The investment trust and fiduciary services business said its independent professional services (IPS) business - which includes its corporate trust and services divisions as well as its pensions ar...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Industry expects US tariffs to have adverse effect on scheme investments

Industry expects US tariffs to have adverse effect on scheme investments

PP survey finds 76% expect US government’s tariffs to have an adverse effect

Martin Richmond
clock 17 April 2025 • 2 min read
Industry not in favour of using pension savings for house deposits

Industry not in favour of using pension savings for house deposits

PP survey finds most do not agree with allowing early access to pension funds to help buy a house

Holly Roach
clock 17 April 2025 • 2 min read
Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

LGPS pooling plans rejected, XPS Group pre-close trading update, Aon warning amid market turbulence

Professional Pensions
clock 17 April 2025 • 1 min read
Trustpilot