We help charities focus on what really matters to them by making pensions simple. We clearly explain complex issues to help manage their pensions costs and risks, and provide value-for-money pensions to their employees as an important part of the overall remuneration package.
Charities are different to corporate entities; not only are they not managed to generate a profit but their governance, legal and regulatory environment differs in significant ways. The charity sector is incredibly diverse and there is no one-size-fits-all approach to managing charity pension schemes.
Funding a defined benefit pension scheme for charities is a delicate balance between the need to use charitable funds for the charity’s purpose and the requirement to fund pension liabilities adequately. We recognise the difficulties that this can create and are experienced in developing solutions that can work for all parties.
Whether you have employees in multi-employer arrangements (such as The Growth Plan, other schemes offered by TPT Retirement Solutions, or the Local Government Pension Schemes), or your own scheme (including standalone schemes within TPT Retirement Solutions), or any combination of these, we can help manage pensions risks and get better value for money.
Our team is experienced in helping charities of all sizes to plan and implement pension change. You will have access to our in-depth knowledge of pensions in the third sector which we have accumulated by advising over 50 charity and not-for profit clients on pension issues in the last 20 years.
We are regular speakers at Charity Finance Group conferences, and explain complex issues in a straightforward and clear way that is tailored to your particular circumstances, enabling you to understand the issues and make well-informed decisions to arrive at the best solution.
For more information, please visit our website: www.lcp.com/en/pensions-benefits/services/not-for-profit/charity-pensions-consulting
Contact details: