LCP announces changes to pensions leadership structure to help schemes evolve their strategic journey plans

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LCP has named Michelle Wright as Head of Pensions Strategy, in a new role created in reaction to changes in the DB pensions landscape. Jill Ampleford will become LCP’s Head of Trustee Consulting.   

Michelle will have a specific focus on ensuring that there is a cohesive and joined up DB pensions strategy for the firm and will work closely with Jill as Head of Trustee Consulting, Clay Lambiotte, as Head of Investment, and Gordon Watchorn, as Head of Corporate Consulting. 

This holistic approach has been adopted to make sure LCP continue to provide the best support to its clients as they increasingly focus on strategic journey planning. 

A joined-up approach is more important than ever as the interests and priorities for Trustees and Sponsors move closer as many schemes become better-funded and focus more intently on their endgames. Strategic journey planning links up all aspects of a scheme – funding, investment, covenant, de-risking, administration, and governance - with more schemes looking to one strategic advisor to pull everything together. 

The roles will sit within the firm’s Pensions Leadership Group which sets direction for DB strategy.  

Michelle Wright, Head of Pensions Strategy, commented: “Whether it’s understanding the impact of climate risk, the new funding regime or how to prepare for the endgame in the right way, Trustees and Sponsors are increasingly grappling with the same issues.  It’s more important than ever that all stakeholders and advisers can work collaboratively together to help their DB schemes to develop sustainable, long-term journey plans. I am excited to be taking on this role to make sure that we are able to help schemes through the whole breadth of their journeys in this holistic way.” 

Jill Ampleford, Head of Trustee Consulting, added: “We know that many trustees feel overwhelmed by changes in the pensions landscape. Making sure there is a clear strategic plan helps prioritise what to focus on first and to frame decisions in the context of the overall objectives of the scheme. Working in this way will ultimately result in better outcomes for schemes and their members.” 

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