• 16 November 2020

    The Pensions Regulator releases new guidance for schemes with distressed sponsors

    The Pensions Regulator (TPR) released new guidance (on Thursday 12 November) for trustees of all DB pension schemes with a focus on spotting situations where sponsors are in distress leading to potential insolvency. It includes common examples and a high-level checklist for when a sponsor is distressed.  Many employers are experiencing financial distress due to […] More

  • 21 October 2020

    Superfunds: New guidance from TPR

    The Pensions Regulator has published new guidance for defined benefit pension superfunds. This new guidance is intended as a stop-gap while DWP develops its legislative framework to formally authorise and supervise superfunds. This will fire the starting gun on DB pensions consolidation at a time when, more than ever, the sustainability of DB pensions is […] More

  • 28 September 2020

    Lincoln Pensions is proud to participate in 100 Black Interns

    100 Black interns is an initiative created to support black students enter into the financial sector by kick starting their career. Due to the lack of representation and diversity in the financial industry we are proud to be participating as a way to source a more diverse group of talent for the future. This initiative will […] More

  • 22 September 2020

    Lincoln Pensions becomes Integrated Risk Management Insight Partner for PMI

    The Pensions Management Institute (PMI) today announces Lincoln Pensions as its Insight Partner for Integrated Risk Management (IRM). The partnership will focus on the key considerations facing pension scheme trustees in the context of IRM which is exceptionally important to UK defined benefit schemes and is an area of continued focus for The Pensions Regulator. […] More

  • 3 September 2020

    DB Funding Code Consultation – our thoughts

    The twin-track “comply or explain” approach at the heart of the Consultation seems like a major shake-up; but, since the Government’s 2018 White Paper concluded the system is working largely as intended, it shouldn’t make much difference to those schemes already following best practice. Either way, TPR has left some key questions to address in […] More

  • 20 July 2020

    The journey to buy-out, by Rothesay Life

    We are delighted to be involved with Rothesay Life’s publication “The journey to buy-out” launched Monday 20 July 2020. This is a collection of articles on a wide range of topics relating to the completion of a full buy-out of pension fund liabilities. Adolfo Aponte, Managing Director and Michael Luo, Associate Director are featured in the […] More

  • 16 July 2020

    We join initiative to tackle under-representation of black talent in the investment industry

    We have joined nine other leading financial services firms (all members of the Diversity Project) to help connect businesses directly with students to tackle the under-representation of black talent in the industry. Run by Entrepreneurs in Action as part of its Classroom to Boardroom initiative, firms will work with more than 25 black students primarily […] More

  • 3 July 2020

    We advise on longevity swap for the Willis Pension Scheme

    We are delighted to have advised the trustee of the Willis Pension Scheme (“the Scheme”) on its recent £1bn longevity swap deal with Munich Re. The longevity reinsurance transaction, which covers roughly 3,500 defined benefit (“DB”) pensioner members and their dependants, was structured through a Guernsey-based captive insurer fully owned by the trustee of the […] More

  • 18 June 2020

    TPR fires starting gun on DB pensions consolidation

    The Pensions Regulator (TPR) has fired the starting gun on DB pension consolidation with new guidance on the regulation of superfunds. Whilst the market will take time to truly digest the implications of the guidance, the following points are worth noting. This is the beginning of a new legislative and regulatory framework for DB pensions […] More

  • 27 May 2020

    Legal & General completes £650 million bulk annuity transaction with the 3i Group Pension Plan

    Legal & General Assurance Society Limited (“Legal & General”) today announces that it has completed a £650m buy-in with the Trustees of the 3i Group Pension Plan (the “Plan”). The agreement provides a policy in respect of the Plan which matches the benefits of around 280 pensioners and 570 deferred members. It follows on from […] More