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

PASA: Vital for schemes to get the fundamentals right on administration

PASA: Vital for schemes to get the fundamentals right on administration

PASA chair says there must be ‘positive dialogue’ between trustees and administrators

Martin Richmond
clock 07 March 2025 • 2 min read
Admin and Data Forum - PDP's Chris Curry gives dashboards update

Admin and Data Forum - PDP's Chris Curry gives dashboards update

Chris Curry session updates on PDP connection deadlines and user testing

Jasmine Urquhart
clock 06 March 2025 • 4 min read
LifeSight onboards to dashboards ecosystem as Pension Fusion completes OAT

LifeSight onboards to dashboards ecosystem as Pension Fusion completes OAT

Master trust becomes first scheme to process find request on dashboards ecosystem

Jonathan Stapleton
clock 06 March 2025 • 2 min read
Trustpilot