Pensions - Articles - LCP's online tool will help navigate de-risking

 LCP has launched an interactive online tool to help trustees and sponsors understand the journey ahead of them when considering de-risking their defined benefit pension schemes.

 
 De-risking continues to be high on the agenda for many schemes, with options such as enhanced transfer value exercises, pension increase exchanges and active reviews of investment strategies being considered by scheme sponsors and trustees alongside buy-ins, buyouts and longevity swaps.

 
 As the de-risking journey is increasingly well-travelled and the solutions available better understood, the focus is slowly moving towards a better understanding of the practical aspects of how trustees and companies can de-risk in the most cost-effective way.

 
 By visiting the LCP “navigating de-risking” website users can:

 
 - Assess their current position along the de-risking journey;
 - Identify the potential actions that can be taken along the way; and
 - Understand the benefits of each of those actions in the context of reaching the scheme’s end goal.

 
 Emma Watkins, LCP principal said: “In last year’s LCP buyout report we forecast that companies and trustees would start to place a sharper focus on “end-game” planning this year. With our new online tool, we hope to share some practical insight that trustees and sponsors can act on now and put themselves in a favourable position for their end-game, whether that is a short-, medium- or long-term goal for the scheme.”