Pensions

Services

LCP’s specialist social housing team has unparalleled experience and connections, both in the sector and across the wider political, regulatory and pension environments.

LCP advise more than 50 housing associations, and in the past year alone have advised associations representing around 25% of the English housing market, with organisations ranging in size from under 5,000 units to over 200,000 units and including more than half of the G15 group of the largest London associations. 

The LCP team are experienced in helping organisations plan and implement pension change.

Whether you have employees in:

• Social Housing Pension Scheme (SHPS)
• The LGPS
• TPT's other schemes such as the Growth Plan and SHAPS
• Your own pension scheme

Or any combination of the above options, LCP can help you understand your exposure, manage pension risks and get better value for money.

“Thank you for making complex pension matters so easy for us to follow.” - Director of Finance, Housing Association

LCP advise housing associations on all aspects of their pension provisions including:

• Developing a pensions, benefits and financial wellbeing strategy for employees.
• Managing defined benefit exposures (e.g. in SHPS or the LGPS).
• Improving defined contribution provision.
• Optimising pensions investments.
• Covenant assistance (for example evidencing long-term strength for sponsors may wish to negotiate temporary pension contribution deferrals).
• Flexible benefits and rewards, including member surveys, benefit benchmarking, salary sacrifice and implementation of new flexible benefit offerings.
• Strategic journey planning, including streamlined pension scheme buy-in and buy-out service.
• Due diligence for mergers and acquisitions.
• Pensions accounting.
• Pensions and benefits change project management.

LCP resources

LCP has produced a range of insightful publications, webinars, and other resources covering key pension topics. These are available below to access online.

Further guidance on the latest pensions developments can be found below.

LCP team members

The key members of the LCP team who are working with the NHF include: