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Barnett Waddingham
0333 11 11 222

MBW International

MBW International is ideally placed to co-ordinate the global retirement benefits programme for companies with headquarters in the UK, or global companies with UK operations. We will do this by building on the full range of pension and employee benefit services Milliman provides globally and Barnett Waddingham provides in the UK.

Local delivery is achieved through Milliman’s global presence with physical offices in over 20 countries. We have supplemented this with other key affiliations to ensure we can provide you with global coverage.

The establishment of MBW International as a joint venture ensures you receive seamless consistent advice across your group with a single point of accountability dealing with the UK HQ or UK entity. MBW International staff have access to all of the systems, expertise and experience that sits within the Milliman and Barnett Waddingham groups that employ over 3,000 employee benefits professionals across the globe. With its experience and global presence MBW International is also ideally suited to advise supranational organisations on their pension issues.

Our services

MBW International co-ordinates and produces the consolidation of the pension accounting disclosures for all of an organisation’s global pension plans. We work with the existing local actuary of each global plan, so there is no need to change any existing actuarial relationships. We offer a central contact to ensure that work is delivered on time and in line with the group’s agreed global accounting policy. With a physical presence in all the major regions offering DB benefits, few organisations have our depth of experience.

We use our proprietary web-based software to ensure that work is carried out efficiently to drive costs savings and transparency so there is a clear trail to satisfy your auditors. Each local actuary is provided access to the plans they are responsible for, and they will input the required financial information directly into the web based worksheets.

MBW International provides group level advice on funding and investment issues for your global defined benefit (DB) obligations to ensure you adopt a consistent and co-ordinated strategy. We call on our local actuaries as necessary to ensure you get in-depth expert advice but from a single source.

Making and executing strategic defined benefit (DB) and defined contribution (DC) design, financial and operational decisions globally is complex. Too often, global pension and benefits directors are tied up in detail – which prevents them from focusing on the strategic aspects of managing their retirement programs. We help you define your strategy, identify opportunities to deliver these aims locally, and help you prioritise and monitor implementation. We offer strategic advice with a keen focus on:

> Compliance with local legislation

> Provider selection appropriate to your locations and business strategy

> Scheme design and market trends

> Communication and the provision of bulletins and technical advice

Member administration

> Annual renewal processing, including account auditing


Retirement benefit provision for internationally mobile employees is complex. MBW International advises employers on the development, deployment and management of these programs.

MBW International offers global pensions and benefits due diligence and negotiations with vendors or purchasers. Our staff have considerable experience in this area and we have the global coverage to ensure you get access to local expertise delivered in a consistent manner with a single point of accountability.

MBW International enquiry form

“Pragmatic advice, prompt responses and fast turnaround times are just some of the characteristics of the MBW International personal, high quality service.”

Why MBW International?

MBW International shares the mutual core values of Milliman and Barnett Waddingham. Both organisations are independent and are wholly owned by their Partners or Equity Principals.

Therefore, we have no agenda, other than doing what is best for our clients. We do not offer any products that conflict with our consulting services, which ensures our advice is not conflicted and is in your best interests. 

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