Our new pensions advisers and Preferred Supplier - LCP

We’re really excited to be working with the NHF as its Preferred Supplier for pensions advice. We are looking forward to using the platform the NHF offers= to share our experiences with NHF members, and raise current key pensions issues – helping housing associations to achieve positive outcomes and allocate resources most efficiently. Ultimately our aim is to help housing associations run their pension arrangements better, so they can focus their time and funds on their key objective of providing affordable housing.

Our dedicated Social Housing team specialise in advising housing associations, and in the past year alone we have advised NHF members representing around 25% of the English social 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.

We advise housing associations on all aspects of pensions and benefits. This includes actuarial, investment, employer covenant, specialist defined contribution advice and financial wellbeing advice. Our range of expertise and broad client base means we have strong insight into the social housing sector and are well placed to support the NHF and its members across all areas of the increasingly complex and fast-changing pension environment.

But at LCP we are not solely about dealing with pension issues client by client. We believe the best way to address the pension issues faced by the sector is by proactively engaging with policymakers and regulators, shaping policy to deliver the best outcomes for NHF members.

At LCP we have a unique proven track record of shaping national pensions policy to improve the financial future. Examples of this include:

• Our campaign to correct errors in state pensions led to more than £1bn of back-payments being made, mainly to widows.
• Our research and proposals in relation to the future of pensions were included in the call for evidence published following the Chancellor of the Exchequer’s Mansion House speech in July, with one of LCP’s partners being thanked in the Mansion House speech itself. Following the Chancellor’s Autumn Statement, these ideas have continued to gain traction and we now expect them to be consulted on more widely.
• Former Pensions Minister, Laura Trott MP, recently launched the first ever report on the gender pensions gap at LCP’s offices, following work from LCPs' Gender Pension Gap Working Group.
• Partners across LCP have unrivalled experience, and a demonstrable track record, of shaping policy and achieving positive change to the pensions landscape. This includes both Sir Steve Webb, a former longstanding Pensions Minister, and David Fairs, a former Board member of the Pensions Regulator responsible for policy.

As a result, we can offer unique insight to policymakers and ensure the NHF’s pension policies gain traction at the highest level to benefit members.

We can’t wait to get started with this partnership, as we believe we have exactly the expertise and experience in advising housing associations that you need to help you deliver positive change for you and your employees.

Want to find out more? 

LCP’s specialist team can help with all aspects of your pension strategy.  If you’d like to discuss how we can help, please do get in touch.

LCP is a leading pensions and benefits consultancy with particular expertise in helping housing associations to provide better pensions to their staff and to manage legacy pension issues.

Mike Richardson
Head of Social Housing Practice
Tel:  020 7432 6649
Email: mike.richardson@lcp.uk.com

Tim Gilbert
Housing Sector Specialist
Tel: 020 7432 6783
Email: tim.gilbert@lcp.uk.com