Nearly everyone in the UK who is in a workplace pension scheme is saving in a defined contribution (DC) scheme. We help trustees of trust-based DC schemes as well as employers operating contract-based schemes or master trusts, to ensure the financial reward package for their employees is effective and future-proofed, and ultimately support positive retirement outcomes for their members as well as the current financial wellbeing of their employees.
This is a consultancy-based role where you will engage in a variety of client and non-client work, collaborating with teams of all sizes, from analysts to partners.
The type of work you can expect to be involved with as a Graduate include:
The type of work you can expect to be involved with as an Intern include:
Our recruitment process is not looking to catch you out but support you in showcasing your skills and knowledge. We encourage you to declare extenuating circumstances as this will help us better understand your eligibility.
If you require reasonable adjustments to assist in the recruitment process, please let us know by emailing accessibility.aware@lcp.uk.com
We have an extensive three-year departmental training programme to get you up to speed on key technical and professional issues in relation to DC pension schemes and investment.
We also offer regular department wide training sessions, covering areas such as market “hot topics”, new and evolving areas of the DC pensions and investment landscape.
Additionally, our learning management system, LCPLearn, provides access to hundreds of training resources, including workshops and elearning – allowing an individual to self-serve and drive their own learning.
As a DC consultant, a key part of your future role will involve presenting advice and ideas to our clients clearly and in a way that is easy to understand. We realise that for some, this will be a new experience – and possibly a daunting prospect! But there is no need to worry, our training programme is specifically designed to help you develop the skills and confidence you need to be a successful consultant. Our "LCP Xtra" programme offers an early opportunity for you to practise presentation skills in-house before putting them to the test in front of clients.
Typically we sponsor DC graduates to study for the Chartered Financial Analyst (CFA) qualification.
We will support you through every stage, including:
A quick word of reassurance: very few people pass all their exams first time, and you won't be under any pressure to do so. Our study programme makes allowances for you sitting exams more than once. However, when people’s hard work does pay off, we pride ourselves on recognising and celebrating their success.
Your work will involve a range of tasks all focusing on improving member retirement outcomes for our DC members. The work covers investment performance monitoring, investment strategy design (including consideration of ESG matters), wider scheme design including new scheme selection exercises, interaction with pension providers and ensuring schemes meet legislative governance requirements.
