All LCP articles
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NewsSmall scheme buy-ins driving bulk annuity market as streamlined services thrive
More than 350 bulk annuity transactions were completed in 2025, according to a new estimate, as streamlined processes have opened up the market to smaller pension schemes.
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NewsIndustry backs ‘nuanced’ changes to Value for Money proposals
The pensions industry has broadly welcomed the new Value for Money approach outlined in this week’s consultation set out by the Financial Conduct Authority.
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NewsLCP forecasts record buy-in volume of £55bn in 2026
Buy-in volumes could reach a record £55bn in 2026, according to a new forecast from LCP, as strong insurer pipelines and competitive pricing continue to support high levels of pension risk transfer activity.
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FeaturesOutlook 2026: The changing face of DB endgame options
Defined benefit experts give their views on the challenges and opportunities presented by the Pension Schemes Bill and other industry developments.
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NewsCommunication, communication, communication: Industry sets out priorities for CDC success
Respondents to the government’s consultation have emphasised the need for retirement-only CDC to be clearly communicated to members and closely aligned with the Pension Schemes Bill’s ‘guided retirement’ rules.
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News‘More flexibilities’ for trustees to consider in DB Funding Code
Three-quarters of respondents quizzed during a recent webinar hosted by LCP said they believed there was more for trustees to consider, including aspects of covenant, surplus, and investment strategy.
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NewsCase for surplus release continues to strengthen as DB funding improves
Data reports from XPS Group, Broadstone, and LCP demonstrate the strong funding positions enjoyed by the majority of defined benefit pension schemes at the end of the third quarter of 2025.
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People NewsAppointments: People's Pension eyes growth with business development hire
The latest hires, promotions and appointments for the week ending 1 August 2025.
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People NewsAppointments: BESTrustees, Barnett Waddingham, LCP, Quantum, Nest
The latest hires, promotions and appointments for the week ending 6 June 2025.
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NewsChancellor expected to loosen rules on DB surpluses [updated]
Long-awaited changes to defined benefit scheme surplus rules will be announced this week.
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NewsIndustry calls for change to levy rules as PPF seeks to raise £100m
Current rules mean the PPF cannot stop taking a levy without compromising its ability to raise capital in the future.
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NewsL&G agrees to Cable and Wireless £340m buy-in
Legal & General (L&G) said the deal, worth around £340m with the Cable and Wireless Superannuation fund has secured the benefits of around 1,800 retirees and deferred members and marks the fund's third and final transaction.
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NewsBPA boom: Who will be next to enter the market?
M&G’s re-entry into the bulk purchase annuity market takes the number of UK providers to nine, with others expected to follow by the end of the year.
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NewsAt least 50 per cent of schemes have a professional trustee
Half of UK pension schemes now have a professional trustee, while a third have a sole trustee, according to consultancy LCP.
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NewsThe growing gender pension gap
The gender gap for new retirees taking the state pension has almost closed, but a new frontier in the battle against inequality is opening, according to LCP.
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NewsFunding levels up and even better than the official stats
The Pensions Regulator’(TPR) has published its 2023 update to its scheme funding analysis for defined benefit and hybrid schemes. This shows that UK defined benefit (DB) and hybrid schemes continue to experience an improvement in funding.
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NewsThe next step towards a superfund regime
The Pensions Regulator (TPR) has published revised superfund guidance following government plans to legislate the consolidation schemes.
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NewsACA: HMRC must give greater clarity to avoid "pensions limbo" for DB schemes and members
The pensions industry requires greater clarity from government departments, if defined benefit (DB) schemes and members are not to find themselves in a “tax limbo”, warned the Association of Consulting Actuaries (ACA) this morning.
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NewsDeath tax: Government urged to clarify pension rules
The government has announced it is consulting around changes to the way pensions are taxed after death, but pension industry experts are arguing that the move makes little sense.
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NewsBuyouts: Is a capacity crunch already here?
This year is set to be a bumper year for buyouts, but has the most bouyant sector of the pensions market reached saturation point?