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Lane Clark & Peacock LLP (LCP) is an independent, owner-managed professional services consultancy in the UK. The firm originated from a sole practice founded in 1947, and in 1962 began to trade under the name “Lane Clark & Peacock”. LCP has approximately 1,200 staff, including 174 partners.
 
LCP’s core business includes pensions actuarial and investment services. The firm also provides insurance consulting, energy consulting, health and sports analytics<ref>{{cite news | url=https://www.nytimes.com/athletic/4686896/2023/07/12/football-financial-sustainability-premier-league/ | title=English football finances in 'precarious position' - report | work=The New York Times | last1=Bosher | first1=Luke }}</ref><ref>{{cite web | url=https://www.thetimes.com/sport/football/article/english-clubs-lost-almost-1bn-in-one-season-report-reveals-qvkcbpxh6 | title=English clubs lost almost £1bn in one season, report reveals }}</ref> services. LCP has over 800 clients, including 43 companies from the [[FTSE 100 Index|FTSE100]].
 
LCP has offices in London, Winchester, Edinburgh, Cambridge, and Paris. LCP Ireland is a wholly owned subsidiary of LCP and is based in Dublin.
 
=== Structure ===
LCP is structured as a [[Limited liability partnership|Limited Liability Partnership (LLP)]]. The partners own the majority of the business, with a minority non-controlling stake held by [[Charterhouse Capital Partners|Charterhouse]], a private equity firm.<ref>{{cite web | url=https://www.charterhouse.co.uk/news/charterhouse-capital-partners-announces-investment-in-lane-clark-peacock/ | title=Charterhouse Capital Partners announces investment in Lane Clark & Peacock &#124; Charterhouse }}</ref> An Executive Committee (ExCo), chosen by the partners, manages the business day-today and reports to the firm’s Board.
 
=== History ===
In 1996 LCP took over [[Ernst & Young]]’s pensions practice. In 2004, separate practices LCP Trustee Consulting and LCP Corporate Consulting were launched and in 2006 LCP began offering covenant advice. In 2017, the firm launched their DC practice, bringing together consulting, communications and investment expertise into a single practice. LCP helped Hunting plc transact the first pensioner buy-in in 2007<ref>{{cite web | url=https://www.professionalpensions.com/analysis/3003017/-market-celebrates-10th-anniversary | title=Buy-in market celebrates 10th anniversary | date=26 January 2017 }}</ref>
 
LCP Energy, the firm’s energy consulting business, was formed in 2010. In 2019, LCP launched Artificial Intelligence tool, LCP Enact, a platform bringing together data from across the GB energy market. In April 2022, LCP acquired energy consultancy Delta EE to join their existing energy team and form LCP Delta.<ref>https://www.scotsman.com/business/edinburgh-based-energy-consultancy-delta-ee-snapped-up-3675807</ref> LCP Delta provides research, consultancy, technology products and training services to companies working and investing in the energy transition.<ref>{{cite news | url=https://www.bloomberg.com/news/articles/2024-06-18/gas-market-tightening-to-set-stage-for-uk-inflationary-sting-lcp-delta-says | title=Gas Market Tightening to Set Stage for UK 'Inflationary Sting' | newspaper=Bloomberg | date=18 June 2024 }}</ref><ref>https://www.ft.com/content/7939ffca-b585-4e37-a5b1-e713f9300836</ref>
 
In 2019, as part of a leadership restructure, partners Aaron Punwani, Thomas Porter and Carla Lakey were made CEO, Strategic Director and Head of People, respectively.<ref>{{cite web | url=https://www.professionalpensions.com/news/3076343/exclusive-lcp-appoints-ceo-management-structure-shake | title=Exclusive: LCP appoints first CEO in management structure shake-up | date=28 May 2019 }}</ref>▼
 
In 2020, LCP Health Analytics<ref>{{cite news | url=https://www.bbc.co.uk/news/health-64703051 | title=Big rise in long-term sick hitting UK workforce | work=BBC News | date=20 February 2023 }}</ref> was created, headed by Dr Jonathan Pearson-Stuttard<ref>{{cite news | url=https://www.bbc.co.uk/news/health-57419504 | title=Hospital waiting list tops 5m in England | work=BBC News | date=9 June 2021 }}</ref>. In the same year, former pensions minister [[Steve Webb|Sir Steve Webb]] joined the firm as a partner<ref>{{cite web | url=https://www.ftadviser.com/pensions/2020/01/14/steve-webb-leaves-royal-london/ | title=Steve Webb leaves Royal London }}</ref> and LCP’s partners increased their ownership of the firm with the support of Charterhouse capital<ref> [https://www.penews.com/articles/charterhouse-backs-uk-pension-consultancy-lcp-in-300m-deal-20201209 https://www.penews.com/articles/charterhouse-backs-uk-pension-consultancy-lcp-in-300m-deal-2020120]</ref>. ▼
 
In 2024, LCP achieved a record income of £210m, a growth of 11% since the previous financial year.<ref>{{cite web | url=https://www.professionalpensions.com/news/4334364/lcp-posts-double-digit-rise-revenues | title=LCP posts double-digit rise in revenues | date=11 July 2024 }}</ref><ref>{{cite web | url=https://www.lcp.com/en/about-us/annual-reports | title=LCP annual reports }}</ref>▼
▲In 2019, as part of a leadership restructure, partners Aaron Punwani, Thomas Porter and Carla Lakey were made CEO, Strategic Director and Head of People, respectively.<ref>{{cite web | url=https://www.professionalpensions.com/news/3076343/exclusive-lcp-appoints-ceo-management-structure-shake | title=Exclusive: LCP appoints first CEO in management structure shake-up | date=28 May 2019 }}</ref>
▲In 2020, LCP Health Analytics<ref>{{cite news | url=https://www.bbc.co.uk/news/health-64703051 | title=Big rise in long-term sick hitting UK workforce | work=BBC News | date=20 February 2023 }}</ref> was created, headed by Dr Jonathan Pearson-Stuttard<ref>{{cite news | url=https://www.bbc.co.uk/news/health-57419504 | title=Hospital waiting list tops 5m in England | work=BBC News | date=9 June 2021 }}</ref>. In the same year, former pensions minister [[Steve Webb|Sir Steve Webb]] joined the firm as a partner<ref>{{cite web | url=https://www.ftadviser.com/pensions/2020/01/14/steve-webb-leaves-royal-london/ | title=Steve Webb leaves Royal London }}</ref> and LCP’s partners increased their ownership of the firm with the support of Charterhouse capital<ref> [https://www.penews.com/articles/charterhouse-backs-uk-pension-consultancy-lcp-in-300m-deal-20201209 https://www.penews.com/articles/charterhouse-backs-uk-pension-consultancy-lcp-in-300m-deal-2020120]</ref>.
▲In 2024, LCP achieved a record income of £210m, a growth of 11% since the previous financial year.<ref>{{cite web | url=https://www.professionalpensions.com/news/4334364/lcp-posts-double-digit-rise-revenues | title=LCP posts double-digit rise in revenues | date=11 July 2024 }}</ref><ref>{{cite web | url=https://www.lcp.com/en/about-us/annual-reports | title=LCP annual reports }}</ref>
 
== References ==
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