Lucida is a pensions insurance company
We are focused on helping those running defined benefit pension schemes to deal with the risks, volatility and administrative burdens involved.
We work closely with employers, trustees and employee benefit consultants to design and implement tailored solutions from the full range of possible alternative strategies - from risk management, to insurance of risk, through to full scheme buyout.
Members
Trustees
Advisers
New partnership with Newell Rubbermaid
Lucida is delighted to announce that it has extended its partnership with the Trustee of the Newell Rubbermaid UK Pension Scheme to insure the deferred members through a second buy-in agreement. The transaction involves a transfer of cash and derivatives worth £40m.
Newell Rubbermaid is a global marketer of consumer and commercial products that include some of the most widely recognised brands in the world, with worldwide sales in over 100 countries.
Lucida sponsors IOD research into Retirement Reform
Lucida welcomes this seminal research by the Institute of Directors. We supported the IoD’s initial work in 2009, as we felt strongly that people need help to save for retirement; less than three years later, the need for positive action is even greater.
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It's very much about partnership. Finding new and better ways of working together, developing strong teams, constructive peer-to-peer communications, and a sense of mutual purpose and direction. The process of pensions transition involves many stages and the key is having the right person in the right team in the right place at the right time.
David Clinton,
Managing Director