Defined benefit consulting

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.

As an expert in the field, we provide all our clients with innovative actuarial consulting services and solutions that are solely focused on meeting their pension scheme goals without being driven by products.

We provide tailored DB pension investment advice to each unique scheme, trustee board and organisation, with strategy and risk at the core.

Our DB 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).

Our DB pension team has extensive experience in advising both trustees and companies on all aspects of risk transfer, encompassing both traditional and medically underwritten bulk annuity processes.

Our DB 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.

Illuminate is our specialist tool designed to guide trustees and sponsors through the financial management of their DB pension scheme. Combining clear, interactive displays with robust risk analysis, Illuminate can help you design an integrated strategy to meet your needs.

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.

We provide both on-site and remote DB pension project management support. Our services are available for both administration and pension teams, and cover outsourced bespoke projects, pension project management and secondments.

BW SAVE is our brand-new solution for defined benefit pension schemes, most suitable for schemes from £100m upwards and particularly attractive for those over £300m.

We provide comprehensive end-to-end support to guide your defined benefit pension scheme through the crucial post-buy-in activities and ensure an efficient scheme wind-up. 

BW's DrumRoll team can help you with your member communication challenges. From strategy to implementation, we help deliver the best solution to inspire members to make the right choices with their pension and benefits.