Aaron Punwani

Lane, Clark & Peacock (LCP) is set to become one of the largest pension consultancies in Germany following its acquisition of Aon’s retirement and investment business in the country.

Lane Clark & Peacock (LCP) partners are set to own a larger stake in the firm after buying out Inflexion Private Equity’s minority stake with the support of Charterhouse Capital Partners.

Lane Clark & Peacock (LCP) reported record income of £126.5m for the financial year ending 31 March 2020, up 10.1% on last year’s figure of £114.9m, also a record at the time.

Professional Pensions spoke to Lane Clark & Peacock chief executive Aaron Punwani as part of an exclusive series of interviews with the leaders of some of the UK’s leading pension consulting firms. This is what he had to say…

Sir Steve Webb will join Lane Clark and Peacock (LCP) as a partner, leaving Royal London where he is currently director of policy.

Lane Clark and Peacock (LCP) achieved a record total revenue of £114.9m in the 2018/19 financial year, partly helped by a 15.5% growth in revenues from its defined contribution (DC) business.

Lane Clark and Peacock (LCP) has appointed Aaron Punwani as its first chief executive as the firm reshapes its management structure in a bid to support growth and innovation.