This is overlaid on the workforce based on their age and has three key components:
In order to achieve both corporate objectives and member empowerment our governance and engagement solution segments the workforce to specifically target these three areas and aligns appropriate investment design to these stages.
Our client portfolio currently exists of 200+ DC schemes across Trust, Master Trust and Contract ranging in size.
Our DC consultancy services are at the heart of our proposition but we look wider than this, allowing employers to offer a more holistic approach to employees for saving for later life.
Other services include day-to-day operational support, scheme governance, investment, member engagement, and consultancy advice (on matters such as legislation and investment strategy).
We were joined by a renowned artist at this year's Workplace Pensions Live. Barbara Moura interpreted industry concerns and experiences contributed by individuals, to produce a mural illustrating the pensions landscape in 2016. You can see how the wall came to life in our short time lapse video below.
As the UK enters a period of significant change, Finance Directors and Pension Managers need a dynamic DB pension strategy that will be resilient in the face of changes in markets, whilst remaining cost effective over the longer term.
Thankfully, the days of implementing a blanket approach to benefits and communications are behind us. However, the concept of ‘flexible’ benefits has been around for years, but were they really that flexible?
Damian Stancombe discusses the enormous responsibility faced by trustees of defined contribution schemes. Damian explores how research and engagement on short to medium term financial issues has got to be the starting point on that journey.
Stop Press! Chancellor Phillip Hammond announced that the MPAA would be reduced from £10,000 to £4,000. The Government has confirmed that it will push forward with the legislation.
In this edition of our PerioDiC newsletter, we summarise the trustee, company, and other elements to be aware of which help with running a defined contribution (DC) scheme.
The Scotland Act 2012 gives the Scottish Parliament the power to set the Scottish rate of income tax. As a result, since 6 April 2016, Scottish taxpayers have been subject to lower rates of UK income tax.
Would you like to attend a pensions event with a difference? Our full day event, The DC Snapshot will be the first ever ‘pop up’ DC (defined contribution) event combining the science of pensions with the creativity of photography.
Location: Studio Spaces, London
The Budget 2016 might not have seen the widespread changes to the pension taxation system that many had been anticipating – however, there are still key pension considerations to be aware of in the new tax year.
Following the introduction of the new pension freedoms, many studies have researched how employees’ attitudes have changed in relation to retirement saving. However, no studies (until now) have asked employers how their attitudes have changed.
ECITB appointed Barnett Waddingham in 2015 to provide member communication consultancy to their scheme members, relating to the proposed switch of future benefit accrual from the DB to DC section of their scheme.
Barnett Waddingham is delighted to have been recognised as the UK’s DC adviser of the year, and the leading DC technology provider of the year at the Pensions Insight DC Awards 2016.
Barnett Waddingham has appointed Steven Johnston as a senior client account manager within its Workplace Health and Wealth practice in Glasgow, as the firm looks to further expand its team in Scotland.
We have promoted three of our associates to the position of partner, taking the firm’s total number of partners to 64.
Concerned about the reduction to the Money Purchase Annual Allowance? PerioDiC - the elements you need to know bit.ly/2ux6D3a3 weeks, 2 days
How healthy is your workforce? Using our BWell analysis tool, we can determine what your health risks are and put a strategy in place that offers both prevention and intervention solutions - creating a proactive and efficient wellbeing strategy.Find out more