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    With more than 1,700 people in ten offices, we work to deliver on our values and our promise, ensuring the highest levels of trust, integrity and quality.

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    About us - Spotlight

    Five new partners appointed to support business growth

    Continuing our investment in talent and driving business growth across our core markets.

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    We are free from any external stakeholders, allowing us to take a long-term view with all our clients and giving us the freedom to bring fresh ideas to the table, unobstructed.

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    Risk - Spotlight

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    BW Risk Portal

    Access over 1,000 hours of risk management content, guidance and training, covering more than 20 risk management topics.

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    Pensions and benefits tools

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    Expertise - Spotlight

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    DB endgame planning

    We help trustees, employers and advisors buy into the same cohesive vision.

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    Insurance - Spotlight

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    Bulk annuity provider services

    We offer a comprehensive set of knowledge and services to the BPA provider market.

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    Our investment philosophy

    Discover how we build robust investment portfolios and how we help our clients to implement them.

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    Insurance sector

    • Insurance technology
    • Capital modelling (validateR)
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    • SCR calculator (SIIMPLIFY)
    Insurance technology Capital modelling (validateR) KIDs for PRIIPs SCR calculator (SIIMPLIFY)
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    Pensions and benefits

    • Benefits platform (4me)
    • DB technology (Illuminate)
    • DC technology (GEM)
    • LGPS online tools
    • LGPS training hub (Enlighten)
    • Pensions governance tool (BW CORE)
    • Pension self-service
    • SIPPs Online
    • Trustee analytics dashboard (Insight)
    Benefits platform (4me) DB technology (Illuminate) DC technology (GEM) LGPS online tools LGPS training hub (Enlighten) Pensions governance tool (BW CORE) Pension self-service SIPPs Online Trustee analytics dashboard (Insight)
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    Risk management

    • Risk Portal
    • Board evaluations (BoardClic)
    • Carbon emissions reporting (CARAT)
    • Pay gap reporting
    • Real-time decisions (Swarm AI)
    • Risk management software (Celestia Risk)
    Risk Portal Board evaluations (BoardClic) Carbon emissions reporting (CARAT) Pay gap reporting Real-time decisions (Swarm AI) Risk management software (Celestia Risk)
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    Expertise - Spotlight

    Take control of risk with confidence

    Our simple, powerful and automated solution for managing risk effectively.

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    Expertise

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  • Insights

    Insights and events

    Access independent commentary, research and events at the forefront of risk, pensions, investment and insurance.

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    Expertise - Spotlight

    DC in focus: Large DC Schemes Analysis 2025

    In a rapidly evolving pension landscape, our latest analysis highlights scale as an emerging theme.

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All insights

Search or use the filters to find the insights that interest you

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  • An elderly woman and man sit in a canoe on a calm river, paddling. Surrounding them are trees in autumn hues, creating a serene outdoor atmosphere accompanied by soft sunlight.

    Blog

    Revisiting endgame: determining the best strategy for your scheme

    Is your endgame still relevant? Simon Taylor explores why now is the ideal time for sponsors to re-evaluate their strategy.

  • Blog

    How to avoid surpluses in DB pension schemes

    With many DB schemes unexpectedly approaching buyout thanks to higher funding levels, how can sponsors and trustees avoid generating a surplus?

  • A digital graphic features interconnected nodes and lines on a dark blue background. The text "EMPLOYER DNA" stands out prominently, accompanied by the tagline "Helping your business evolve and thrive."

    Video

    The impact of inflation on workplace pensions

    Learn about the impact high inflation is having on workplace pension schemes, both defined benefit and defined contribution.

  • A serene landscape features stylized hills, flowing water, and trees. The water cascades over rocks in a gentle stream, surrounded by greenery and distant hills under a clear sky.

    Research

    FTSE 350 pensions: big step forward for DB endgame

    Barnett Waddingham examines the impact of economic changes on the DB pension endgame journey, and consider the risks and opportunities.

  • A man with a light beard smiles while seated in an office environment. He wears a blue patterned blazer and a white shirt, with greenery visible in the background.

    News

    FTSE 350 companies still paying more into their DB schemes than their DC schemes

    Our latest research reveals that FTSE 350 companies with defined benefit (DB) pension schemes are still paying more into said schemes than their defined contributio…

  • Two individuals, a man and a woman, are engaged in conversation while examining a document. They are seated in a well-lit indoor environment with a blue background.

    Blog

    CDC schemes – changing the UK pension landscape?

    Collective Defined Contribution (CDC) schemes can be an excellent alternative to pure DC in the right circumstances. What are the pros and cons?

  • A man with glasses and gray hair gazes thoughtfully out a window, seated in a softly lit room with shelves and a hint of books in the background.

    Blog

    Don’t let a DB scheme ruin your refinancing

    In a joint blog with BDO, our head of employer DB consulting discusses refinancing as we come out of the pandemic, and the impact on DB pension schemes.

  • A stylized landscape features two green hills flanking a winding river. The river flows into a body of blue water, surrounded by sandy shores and gentle waves, under a light blue sky.

    Research

    FTSE350 pensions – DB transfers and the endgame

    This report on the FTSE350 DB pension market examines the transfer value experience of schemes since ‘Freedom and Choice’ and the influence on the time to endgame.

  • A serene landscape features stylized hills, flowing water, and trees. The water cascades over rocks in a gentle stream, surrounded by greenery and distant hills under a clear sky.

    Research

    FTSE350 pensions – Covid-19 impact on life expectancy

    Our second report on the FTSE350 DB pension market analyses the potential impact of Covid-19 on life expectancy and the influence on DB schemes’ endgame journey.

  • A person holds a smartphone while dressed in business attire, standing outdoors with a blurred background. A blue logo featuring stylized letters is prominently displayed in the foreground.

    News

    FTSE350 DB funding back on track after Covid chaos

    FTSE350 companies with defined benefit (DB) pension schemes were hit especially hard in 2020 by the economic crisis caused by Covid-19, but the majority of schemes …

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