Pension administrator capacity biggest obstacle to buyout, LCP finds

LCP says schemes at risk of being caught in ‘bottlenecks’ due to lack of administrator bandwidth

Martin Richmond
clock • 2 min read
Pension administrator capacity biggest obstacle to buyout, LCP finds

Pension administrator capacity constraint is the major obstacle for schemes looking to transition to buyout and wind-up, research from Lane Clark & Peacock (LCP) shows.

The consultancy's recent survey polled webinar attendees on what they considered to be the biggest risk to the timetable for a scheme's endgame journey to buyout and wind-up. The research showed, o...

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 Admin / Technology

Administration 'critical' to whole pensions ecosystem, says TPR

Administration 'critical' to whole pensions ecosystem, says TPR

Regulator understands challenges industry faces and wants to help ‘mitigate risks’

Holly Roach
clock 24 March 2025 • 1 min read
Industry adoption of AI 'widespread', says SPP

Industry adoption of AI 'widespread', says SPP

Society’s survey finds 87% of industry have incorporated AI in some capacity

Martin Richmond
clock 17 March 2025 • 2 min read
PP launches 2025 Administration Survey

PP launches 2025 Administration Survey

Survey looks to track industry attitudes to both in-house and outsourced administration.

Professional Pensions
clock 14 March 2025 • 1 min read
Trustpilot