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

L&G becomes first pension provider to complete connection to dashboards ecosystem

L&G becomes first pension provider to complete connection to dashboards ecosystem

Provider finalised connection to the ecosystem today, in line with the DWP’s staged timetable

Holly Roach
clock 17 April 2025 • 2 min read
Most think pension funds will have 'widely adopted' AI by 2035, PLSA finds

Most think pension funds will have 'widely adopted' AI by 2035, PLSA finds

PLSA looks at the opportunities and risks of artificial intelligence

Jasmine Urquhart
clock 14 April 2025 • 1 min read
PASA publishes updated data readiness guidance for buy-ins and buyouts

PASA publishes updated data readiness guidance for buy-ins and buyouts

Revised guidance outlines the key data items insurers will consider to facilitate a successful transaction

Martin Richmond
clock 09 April 2025 • 2 min read
Trustpilot