LCP

Industry fears new funding code will be among the reforms delayed by surprise poll

Transaction secures the benefits of more than 7,000 retirees as part of ‘umbrella’ agreement

LCP says FDs should incorporate the accounting implications of surpluses into strategic decisions early

Scheme membership reached 28.8 million in 2023, up from 2.3 million in 2012

LCP says industry must ‘crack the code’ to unlock the full potential of the DC sector

LCP says further changes to LTA rules could disrupt members’ retirement plans

Fall in life expectancy ‘inevitable’ unless changes to the CMI model are made

While buyout is still viewed as a gold-standard, many are now considering run-on as an option

Consultancy says government’s plans to tackle small pots are ‘complex’ and ‘expensive’

Providing schemes access to surpluses could be of ‘great benefit’ to sponsors and members