Our experienced and professional pension administration team provides services to a growing portfolio of group occupational pension schemes – defined contribution, defined benefit, hybrid, Care Average Related Earnings (CARE), open, closed and those transferring to the Pension Protection Fund (PPF).

All our administrative services are provided by a single administration team dedicated to each client who take responsibility for all aspects of the administration of the pension scheme.  We have over 260 administration specialists who have over 1,000 years of relevant pension administration work experience between them.

Our administration teams provide the full range of pension administration services which include:

• membership record keeping
• benefit calculations and payments including electronic payments
• all regulatory reporting including e-Filing
• full cash and accounting services including drafting the annual report and accounts and pooled banking facilities
• pensioner payroll
• data audits and data cleansing exercises, particularly where data originates from multiple sources
• internet functionality and links to other systems (such as HM Revenue & Customs, Straight-through processing)
• trustee secretarial services including meeting management
• GMP reconciliation exercises
• consultancy
• specialist PPF services

We recognise that all our clients require a different level of support from us and firmly believe that our approach is sufficiently flexible to allow us to meet their requirements.

We use in-house software, BWebstream, developed specifically for our requirements to ensure clients’ needs are met in the most efficient way.

Our staff turnover is exceptionally low which means that we are able to provide continuity and have developed some excellent long term relationships with our clients.

We administer over 300 pension schemes varying in membership size from just a few members up to 15,000 members.

“The Administration team at Barnett Waddingham do a good job with good client focus and administration reports which are particularly well received”

Pension Scheme Manager

Making sense of pensions

A guide for anyone who administers a staff payroll and is required to make deductions from individuals’ pay for contributions to an occupational pension scheme

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BWebstream

Our secure, easy to use, fully integrated online tool for company pension schemes, ensuring our clients’ needs are met in the most efficient way

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