Trustees & Scheme Managers

It is no secret that running a defined benefit pension is becoming increasingly difficult.

Significant increases in longevity, turbulent investment conditions, ever-changing regulation and the rising costs of administration are all adding to the pressures involved.

Articles of Interest

  • Top 100 Pension Schemes 2010

    Published by Professional Pensions, in association with Lucida, this supplement provides an overview of the top 100 UK pension schemes.

  • The de-risking tool kit:

    Published by Engaged Investor in association with Lucida, this informative guide provides look at all the tools trustees can employ to remove risk.

  • Are demographic assumptions worth anything?

    Phillip Sturgess, commercial actuary at Lucida, looks at the value of demographic assumptions on assessing pension scheme liabilities.

  • Better buy-ins for tough times

    Andrew Howe discusses how underfunded schemes can insure benefits for non-pensioner members, while continuing to benefit from the scheme’s expected investment returns.

  • Insured solutions: the best safety net?

    Do insured solutions provide better protection for defined benefit scheme members? Andrew Howe, proposition development director at Lucida, discusses scheme funding, the strength of the employer covenant and looks at whether insurance can provide greater security for DBmembers.

  • The Pensions Pulse Survey 2009

    Lucida's pension "pulse survey" captures current views on the challenges of running a defined benefit pension scheme including insight into the biggest concerns and views on the solutions being offered to reduce risk.

  • Morgan Crucible buy-in case study

    Morgan Crucible protects members' benefits with a buy-in solution with Lucida. This case study details the journey for the Morgan Crucible trustees, and how they went about choosing their ideal partner.

  • Pension derisking at a time of economic turmoil

    John Smitherman-Cairns of Lucida explains why volatility and the credit crisis should not put an end to trustees' buyout or buy-in aspirations.

  • Buyouts - An Essential Guide by Pensions World

    Published by Pensions World in association with Lucida, this informative guide provides an overview of the current market and what Trustees and Sponsors need to consider in preparation for buyout.

  • Essential aspects of an orderly buyout market

    In September 2008, Lucida, Legal and General and Paternoster came together to produce some guidelines on how to ensure a safe pension buyout process for trustees and members. This is a summary of the discussion.

  • Best of both worlds? An introduction to buyout

    With turbulent financial markets and increasing longevity, it comes as no surprise that trustees and employers are reconsidering the approach they take to the management of their defined benefit pension schemes.

  • One size does not fit all

    Lucida's Chief Actuary, Andrew Stoker, highlights the importance of exploring the full range of options when seeking to reduce risks in a defined benefit scheme.

  • Enhanced Transfer Values

    In the search for effective methods to manage liabilities, no book should be judged simply by its cover. There is perhaps no better example of this than enhanced transfer values.

  • Statement to trustees about current financial pressures by The Pensions Regulator

    Developments in financial markets will be of great concern to trustees, their sponsoring employers and scheme members. This statement sets out The Pensions Regulators’ (tPR) position on current conditions.


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If you would like to discuss how Lucida can help you to achieve the best results for your scheme, please contact us.