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Accounting
for Pensions 2021

Publications

Reducing risks, building for growth 

Following a year like no other, pension schemes of FTSE100 companies start 2021 from a position of strength – with improved funding levels, reduced risk, and increased use of contingent assets.

The report presents a concise analysis of the pensions facts, figures and trends revealed by FTSE100 companies reporting in 2020, including pension provision for executives. We focus on lessons learnt from the past 12 months, and how these could potentially influence corporate actions and decisions. 

Read the report

What's inside? 

  • 2020 IAS19 benchmarking
  • Trends in pensions strategy
  • Corporate developments 
  • Executive pension reform continues at pace  

“Challenges are on the horizon with the impact of new funding regulations, continued market volatility, and uncertainty around the longer-term impact of Covid-19. That said, following a year like no other, the pension schemes of FTSE100 companies start 2021 from a position of strength.”

explains Jonathan Griffith, Partner in LCP’s Corporate Consulting practice, and co-author of the report.

How we can help

Contingent funding approaches are rapidly becoming more widespread. They can be a great way to protect member benefits as well as the shareholders and other creditors of the sponsoring employer.

We help sponsors of pension schemes understand and manage the costs and risks associated with supporting their current and legacy pension schemes as well as other employee benefits.

Whether to enter a DB Consolidator is a complex decision. Sponsors and Trustees must be sure it is the right decision for their scheme and its members. We can help.

We work with you and your finance team to ensure that your ongoing statutory duties and compliance exercises are done quickly, efficiently and accurately.

We help pension scheme trustees and sponsors to determine the ultimate destination for their scheme and help them put together a plan to get there, including how to effectively manage the risks they face along the way.