I agree We use cookies on this website to help us provide the best user experience. By browsing this site you agree to their use - more information is available here.

Barnett Waddingham
0333 11 11 222
At Barnett Waddingham, our trustee services are designed to support you fully in your role, delivering pragmatic advice and a rapid response. We bring clarity to complex issues such as de-risking, longevity and the impact of legislative change to help you make informed and timely decisions for the benefit of your pension scheme members.

For scheme actuary requirements, full-service actuarial consulting or standalone projects, a bespoke team will deliver to your individual needs, and an experienced partner will remain personally involved at all levels of the work.

We actively support you in effective scheme management, providing easy access to funding and other information via insightful online tools.

We assist with all aspects of pension scheme governance, and provide comprehensive trustee training to enhance your knowledge.

“I would not hesitate in recommending Barnett Waddingham's services as advisers to the Trustees. Throughout their appointment they have delivered a first class service relating to all aspects of Plan matters. The team are highly professional and build strong relationships with their client and the client's other advisers with ease. Their advice is always well researched and thought out, and is both relevant and realistic, and they are highly skilled in understanding the exact needs of their client. They are pleasure to work with and represent good value for money.”
Paula Maguire, Pensions Manager

Our experienced pension administration team is equipped to help with the day-to-day running of your scheme, handling member data sensitively, accurately and securely through our proprietary systems which can be adapted to your exact needs.

We also offer clear and independent investment advice across the full range of pension fund management solutions, based on a thorough understanding of your scheme’s risk profile and objectives.

Our growing client portfolio includes defined benefit (DB) and defined contribution (DC) schemes, hybrid, open and closed schemes, and those in a Pension Protection Fund (PPF) assessment period.

As advisers to around 500 DB pension funds in the UK, we provide tailored services to schemes ranging in size from less than £1 million to some of the biggest schemes valued at over £5 billion. 


Recent highlights include:

  • we now advise over 15% of the FTSE350 companies with a DB scheme
  • assisting in actuarial valuation negotiations between trustees and employers using our interactive on-line funding tool, Illuminate
  • delivering a high-speed valuation for a client requiring certainty over funding negotiations in just six working days after the valuation date
  • working with several schemes to ensure that the PPF accepts 'type A company guarantees' for 2014/15 PPF levy purposes – reducing many prospective levies substantially
  • we have worked with several schemes to improve governance standards recently - examples include the establishment of a business plan and a DC Governance committee
  • helping many schemes to adopt a pragmatic approach to reconciling their GMP data
  • leading several seminars with clients and other pension professionals on the subject of DB to DC transfers post 5 April 2015
  • being involved at the heart of the Defined Ambition (DA) debate, with members of our team participating in various working parties and developing our own innovative collective defined contribution (CDC) pension scheme vehicle
  • providing an innovative buy-out transaction to fix the premium in advance to remove the risk of market fluctuations
  • working with clients to set appropriate triggers for increasing the level of real interest rate hedging on scheme liabilities

Related knowledge and resources

Blogs

  • Picture for Spot the conflict and boost your governance step counter
    Spot the conflict and boost your governance step counter

    Conflicts of interest have long been part of the trustee/employer environment. However, the scope and meaning of what type of conflicts could arise has developed and broadened as governance best practice evolved.

  • Picture for Trustees to consider ESG factors
    Trustees to consider ESG factors

    ESG, SRI, ethical investing are often used interchangeably; but actually they are different and these differences affect how client portfolios should be designed and which investments are appropriate for meeting a client’s objectives.

  • Picture for 2018 in Pensions
    2018 in Pensions

    2018 a year to remember? Whilst Brexit and other world-changing events were going on, the pensions industry was embarking on its own journey into unchartered territory as it continues to develop to ensure it remains fit for purpose.

  • What TPR expects of 21st Century trustees

    TPR carried out research which identified that many schemes were not being run to the standard expected by TPR. On the back of these findings TPR initiated an education program which was given the name of “21st Century Trusteeship”.

  • Pension scheme consolidation

    Pension consolidation is a broad concept, ranging from simplifying a scheme’s governance structure, to merging with other schemes to take advantage of economies of scale.

  • How employers can use DB SSASs to reward key employees

    Despite the trend to move away from DB in favour of more flexible DC arrangements, employers wanting to maximise provision of benefits for employees without breaching the Annual Allowance and Lifetime Allowance limits may find a DB SSAS suits their needs.

  • Jan 15 2019
    Investment Conference | Birmingham

    At our Investment Conferences we cover the most pressing investment issues for pension scheme trustees, employers and pension professionals.

    Location: The Belfry, Birmingham

  • Jan 24 2019
    Investment Conference | London

    At our Investment Conferences we cover the most pressing investment issues for pension scheme trustees, employers and pension professionals.

    Location: etc.venue 155 Bishopsgate, London

  • Jan 31 2019
    Investment Conference | Manchester

    At our Investment Conferences we cover the most pressing investment issues for pension scheme trustees, employers and pension professionals.

    Location: etc.venue, Manchester

  • Nov 9 2018
    How does GMP equalisation affect you?

    The high court judgement on the GMP equalisation Lloyds case has been handed down. Does it open the door to the opportunity of genuine pension simplification, or slam it shut? Join our webinar as we discuss what this means for trustees and sponsors;

    Location: Webinar

  • Jun 6 2017
    Setting longevity assumptions for a forthcoming valuation

    Our webinar focuses on practical tools for understanding the longevity risk exposure inherent in the business as usual operations of individual pension schemes.

    Location: Webinar

  • Apr 4 2017
    Administration transfers - a seamless move

    Transferring administration services to a new provider can be a challenging process, but an efficient and seamless transfer can be achieved through approaching the project with transparency, cooperation and accountability.

    Location: Webinar

Updates delivered to you

Stay ahead with our latest comment, expert insight and event details.