Trustees
Pension Fund Trustees have an important responsibility. We provide a range of services to
help trustees perform their duties in accordance with best practice and in line with legislation.
Our advice is clear and precise and allows trustees to make fully informed decisions.
Scheme Actuary Services
LCP provide Scheme Actuary services to Defined Benefit pension schemes and this role includes:
- Preparation of regular actuarial valuations and presentation of the results under various assumptions
- Advice on the costs and impact of proposed benefit amendments
- Advice on the risks and potential returns inherent in any proposed investment strategy
- Preparation of actuarial funding certificates and actuarial statements as required under the Pensions Act
- Liaising with the Pensions Board on funding standard and other issues
Assistance and advice in communications with members
The developing legal and compliance framework around pensions means that trustees
have a greater need than ever to communicate clearly and accurately with scheme members.
LCP can provide presentations to members and assist in drafting explanatory literature.
Trustee Governance Consulting
LCP offer flexible and innovative solutions, from reviewing risk registers prepared by
trustees on their own to leading trustees through the whole process and producing a risk
register that all trustees have bought into.
Our
Trustee Governance Consulting service guide has further details of our service.
Training to help trustees satisfy their legal obligations
We provide courses for trustees regarding pensions and trusteeship. Our training is
geared towards individual client needs, and courses range in duration from a few hours
to a number of days.
Contact us for further information.
