Defined benefit consulting
Empowering trustees and employers of DB pensions with the freedom to provide better member outcomes
Better outcomes for your defined benefit scheme
Whether you are a trustee or sponsoring employer, we can help give you the freedom to plan for the best possible future by removing the complexities and challenges of defined benefit (DB) pensions.
As an award-winning DB consultancy, we hold particular expertise in helping large schemes approach their DB endgame, and open DB schemes. From developing a winning DB pension strategy to navigating the regulatory landscape, we are here to keep you on the right course.
Our renowned experience in actuarial services, investment, administration, management services and governance demonstrates our position as a trusted adviser to both employers and trustees, while providing technical expertise and innovative DB pension technology for all needs.
Actuarial support for trustees
We provide the full range of actuarial services to trustees of defined benefit (DB) pension schemes, ranging from strategic to operational. We specialise in ensuring that your specific needs are addressed as the primary focus.
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Actuarial support for employers
As an expert in the field, we provide all our clients with innovative actuarial consulting services and solutions that are solely focussed on meeting their pension scheme goals without being driven by products.
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Administration
Our pension administration team provides services to over 400 clients including schemes comprising 440,000 members; covering defined contribution, defined benefit, hybrid, Career Average Related Earnings (CARE), open, closed and those transferring to the Pension Protection Fund (PPF).
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DB endgame journey planning
We help you approach and complete your DB endgame journey with confidence. We make sure the trustees, employer and other advisors buy into the same cohesive vision, and that the details of the journey – both strategic and practical – are clearly thought through.
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Risk transfer
Our specialist team has extensive experience of advising both trustees and companies on all aspects of risk transfer, encompassing both traditional and medically underwritten bulk annuity processes.
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Pension management services
Our pension management services are tailored to you and your specific needs, whether you need strategic advice, operational support, assistance with business as usual activities or project planning and management services for your pension scheme.
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DB technology
Illuminate is our specialist tool designed to guide trustees and sponsors through the financial management of their pension scheme. Combining clear, interactive displays with robust risk analysis, Illuminate can help you design an integrated strategy to meet your needs.
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DB knowledge hub
Our DB pension insights and commentary hub is designed to give you the knowledge and understanding of the most important issues affecting your DB pension scheme.
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Pension scheme case studies
Explore our pension and benefit case studies to learn more about how BW has supported pension scheme members, employers and trustees.
Learn more"BW brought expert knowledge to help all parties work together towards a common goal, and very much felt like ‘one team’ working with our own actuarial advisers. Their flexibility through the process and clear project updates helped us keep up to speed on matters, and they kept us well informed of budgets and fees so there were no unexpected surprises."