Lane Clark & Peacock (LCP) has announced that it has appointed former Pensions Minister, Sir Steve Webb, as a partner.

Webb will join the consulting firm from Royal London, where he had been director of policy since 2015.

LCP said that he will be working on the firm’s client service offering to help it adapt in an “ever-evolving regulatory environment”.

He will also help LCP to lead campaigns in helping the wider pensions industry “stay apace” with changes and member needs.

Commenting on his job change, Webb said: “I have known and worked with several people from LCP over the years and I know that the firm places great emphasis on client care and creating a working environment that enables talent to flourish.

“Their people-centred ethos means that the needs of pension scheme members is always uppermost in the work they do.

“After four happy and productive years at Royal London working with some great people, I can’t think of a better place for my next move especially as LCP is experiencing an exciting period of growth.”

Webb, who was Pensions Minister between 2010 and 2015, will join the firm on 10 February.

LCP CEO, Aaron Punwani, added: “Steve Webb was not only the UK’s longest serving pensions minister, but also the most highly regarded pensions politician the UK has known in recent times.

“He continues to be widely respected throughout our industry and across the political party spectrum.

“Steve’s insight will help LCP to shape the future of the pensions industry and to adapt our services to meet the future needs of our clients.”

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