News

• 23 April 2019

  Long-term funding targets for DB pension schemes

  Richard Farr, MD at Lincoln Pensions, wrote an article addressing long-term funding targets for the sponsors of defined benefit pension schemes, for the publication Financial Director. Long-term funding targets were announced by the Pensions Regulator in its 2019 Annual Funding Statement, released in March 2019. Richard explains why long-term funding targets have arisen and what […] More

• 5 April 2019

  We launch pensions-related restructuring services and welcome two new senior members to the team

  We are excited to announce that we have launched pensions-related restructuring services to further expand our multi-award winning specialist pensions covenant advisory business. Dan Mindel is joining as a Managing Director to focus on building our pensions restructuring business. Dan spent most of his career in the restructuring teams at EY and BDO. He brings […] More

• 11 March 2019

  Darren Redmayne appointed to the Cardano Group Management Board

  Darren Redmayne, CEO of Lincoln Pensions has been appointed to the Cardano Group’s Management Board. Darren continues as CEO of Lincoln Pensions, the specialist founded in early 2008 and subsequently acquired by Cardano in 2016. The Cardano Group now comprises three divisions: Cardano, Lincoln Pensions, and recently announced acquisition of NOW: Pensions. The integration of […] More

• 5 March 2019

  TPR publishes its 2019 Annual Funding Statement today

  The Pensions Regulator (TPR) publishes its 2019 Annual Funding Statement today. It covers: long-term funding target; segmentation by maturity; what TPR expects (including covenant); and TPR’s new approach. Read the Annual Funding Statement on TPR’s website. Key points for trustees and sponsors to note are: Setting a Long-Term Funding Target (LTFT) TPR reiterates the importance of trustees […] More

• 13 February 2019

  Cardano Group agrees to acquire NOW: Pensions

  Cardano Group agrees acquisition of leading auto-enrolment provider NOW: Pensions The combined business creates a full service growth platform in UK pensions Group assets under management to exceed £25 billion The Cardano Group (‘Cardano’), the pensions risk and investment management specialist, has today agreed to acquire 100% of workplace pension provider NOW: Pensions Ltd. (‘NOW: Pensions’), […] More

• 5 February 2019

  Pension Protection Fund Levy Certification 2019/20 – deadline approaches

  The deadline is approaching for trustees and sponsors to prepare for the Pension Protection Fund (PPF) levies and the associated certification of contingent assets in order to help manage these. Some trustees will be looking to certify group company guarantees (“Type A” contingent assets), whilst others may be seeking to value asset backed contribution (“ABC”) […] More

• 28 January 2019

  Our industry survey finds that Superfunds will become a commonplace solution for some DB schemes

  Our DB consolidation survey found that over half of pensions professionals believe Superfunds will become a commonplace solution for certain UK DB schemes. Pensions professionals also believe that Superfund regulation should focus on relative covenant strength. On the survey findings, Darren Redmayne, CEO of Lincoln Pensions, said: “Our inaugural DB consolidation survey reveals unsurprisingly that the security of […] More

• 19 December 2018

  We turned 10 in 2018! We look ahead to possible developments in the next decade…

  This year we turned 10! And to celebrate reaching our 10 year milestone, we decided to produce a short film. A decade of seeking to deliver safer financial futures inspired us to reflect on how much the pensions industry has changed over that time; and how much we’ve achieved. It also seemed to be the right moment to look 10 […] More

• 13 December 2018

  Superfunds are go! (…or are they?) – What’s your view?

  On 7 December 2018, the Department for Work and Pensions (DWP) launched a consultation seeking views on the new legislative framework for the authorisation and regulation of defined benefit (DB) ‘superfunds’. The DWP and the Pensions Regulator (TPR) have publicly highlighted the potential advantages of superfunds. Whilst this option may ultimately not be right for […] More

• 11 December 2018

  Brexit contingency planning – a guide for trustees

  With the clock ticking until the UK departs from the EU, we are supporting a growing number of our clients with differing degrees of Brexit contingency planning. As with all aspects of risk management, what sponsors and schemes will do is necessarily very ‘scheme specific’ and after more than two years of continued news flow […] More