News

Toby Perkins MP opens new wing in Brightwell’s offices in Chesterfield

Last week MP for Chesterfield Toby Perkins opened a new office wing at Brightwell’s offices in Chesterfield. The new office suite will house Brightwell’s growing Member Services team, who have recently collected two awards for their work implementing fully online retirements for BTPS members. Brightwell is a comprehensive provider of services to defined benefit (DB) pension schemes and its largest clients are the BT Pension Scheme (BTPS) and the Mineworkers’ Pension Scheme (MPS). All pension scheme administration activities are handled from Brightwell’s offices at Venture House in Chesterfield.

13/05/2025

Bright Insight – Q1 2025

In this edition we celebrate our recent win at the PensionsAge awards, Kate Mijakowska, CFA explores the Brightwell approach to private asset fund activates, and Amy Mankelow shares her views on the recent revolving door of UK Pensions Ministers.

02/04/2025

PensionsAge Awards 2025: DB Investment Manager of the Year

Brightwell has won DB investment manager of the year at the 2025 PensionsAge awards. Judges at the PensionsAge awards 2025 commended Brightwell for our approach to solving current DB investment challenges: "Brightwell showcased a clearly-articulated approach to solving some of the key DB funding and investment challenges facing the sector today – a real thought leader."

13/03/2025

Brightwell appoints Paula Walter as non-executive director

Brightwell, the comprehensive service provider for defined benefit schemes, is pleased to announce the appointment of Paula Walter as a non-executive director, effective immediately. Paula brings a wealth of experience and expertise to the Brightwell Board, having held numerous leadership roles in both executive and non-executive capacities.

13/03/2025

Brightwell launches new run-on toolkit for defined benefit pension schemes

Brightwell, the comprehensive services provider for defined benefit (DB) pension schemes has launched a new run-on toolkit. Brightwell has a long track record managing run-on strategies for its clients and the toolkit leverages this expertise focussing on key the considerations for trustees and sponsors.

05/03/2025

UK DB schemes keep endgame options open amid regulatory shifts

New research from mallowstreet, commissioned by Brightwell, reveals UK DB schemes are continuing to keep their options open regarding endgame strategies – despite improved funding levels and the introduction of a new DB funding code.

03/03/2025

Brightwell goes live as the administrator for the Mineworkers’ Pension Scheme

Brightwell has gone live as the administrator for the Mineworkers’ Pension Scheme (MPS) and has successfully completed its first pensioner payroll run following a transition taking just over 11 months.

25/02/2025

Brightwell comments on the DWP’s announcement on the PPF levy

The Department for Work and Pensions has announced that it will consider giving the PPF more flexibility to reduce its levy. In turn, the PPF has announced that it has more than halved its levy estimate for 2025/26 to £45m. This is a significant reduction on the £100m estimate initially proposed. Read Brightwell CEO Morten Nilsson’s comments.

30/01/2025

Brightwell comments on the bank of England’s Contingent Non-Bank Financial Institution (NBFI) Repo Facility (CNRF)

The new facility, which will only be activated during episodes of severe gilt market dysfunction, will lend to participating insurance companies, pension schemes and liability driven investment funds to help maintain financial stability. Read Brightwell CIO, Wyn Francis’ comments.

28/01/2025

Brightwell comments on government plans to make access to defined benefit pension scheme surplus easier

The government has confirmed that it will introduce new legislation to make it easier for employers to access surplus within their defined benefit (DB) pension schemes. Read Brightwell CEO, Morten Nilsson’s comments.

28/01/2025