LCP urges stakeholders to ‘grasp the nettle’ to avoid ‘sleepwalking’ into endgame strategy
Creating an inclusive single framework for considering endgame strategy
Fairs will join the consultancy’s pensions practice in April after he leaves TPR
Deal is largest ever transaction from pension schemes to insurer
Sponsoring employers could be hit with a bill of around £34bn bill under TPR’s new DB funding code
Just a fraction of liability growth since the start of the year will be offset by the impact of excess deaths caused by Covid-19, says Lane Clark & Peacock (LCP).
The British American Tobacco (BAT) UK Pension Fund has completed a £3.4bn buy-in with Pension Insurance Corporation (PIC), the largest buy-in transaction including pensioner and deferred members.