Pensions & benefits

DB corporate consulting

We provide strategic advice to help global companies manage the risks associated with pension plans with confidence, and capitalize on opportunities with a clear strategy aligned with company objectives.

We work with companies to turn financial challenges associated with pensions into strategic business opportunities and make sure it is their objectives driving the pensions strategy.

As trusted partners to our clients, we bring a deep understanding of what is possible, and how to meet their specific objectives

We focus on bringing ideas that are relevant and add genuine value to your business and shareholders.

Through our experienced and curious consultants – providing actuarial and covenant advice – we help clients make their pension plans work as an asset for their organization:

Endgame strategy and innovation

We will help chart a clear path, with innovative funding and strategy planning that aligns with long-term business vision. LCP’s structure and confidence to challenge the status quo mean that we bring our clients new ways to maximize the value from their pension plans.

Unique industry insights and influence

Our industry-leading figures, including Sir Steve Webb, former UK pensions minister, and David Fairs, former Executive Director of Regulatory Policy, Analysis and Advice at the UK’s The Pensions Regulator, ensure our clients are best prepared to take advantage of change. Our 'powering possibility' proposal for positive reforms to regulation of the UK’s DB plans has risen to the top level of government.

Risk transfer support

Our pension risk transfer team advises on more transactions than any other adviser. We work collaboratively with pension plan trustees to ensure the sponsor view is represented throughout, and use our deep market experience to ensure exceptional pricing and terms and comprehensive risk reduction.

Robust advice and negotiation

Our advice is underpinned by robust analysis, putting clients in a strong position for negotiating with trustees and other stakeholders. For example, we combine our health analytics team, comprising of experts in epidemiology, medicine and public health, with our specialist longevity actuaries – these unique capabilities ensure our clients make more informed decisions with better understanding of the mortality risk.

Broad expertise

We have in-house expertise and experience in all pension-related matters, including mergers and acquisitions (M&A), member option exercises, regulatory support (e.g. to manage a sponsoring company’s risk under pensions legislation) and accounting, meaning we can offer full support and develop coordinated pensions strategies for our clients.

Local actuarial services through our global network

Multinational Group of Actuaries and Consultants (MGAC)

As well as having a team of experienced global actuaries and consultants, we provide on-the-ground local services through our global network. We've partnered with them for over 25 years and between us we can advise in jurisdictions all over the world.

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