A lot has been written about how to achieve good outcomes for members of defined benefit (DB) pension schemes. A strong employer covenant, well-managed investments...
Read article “Good administration, the backbone of pensions”5 minutes
Across funding and fiduciary services, this includes advising on the setting of funding objectives and journey planning, valuation negotiations, setting objectives in relation to climate change, and structuring and implementing innovative funding solutions.
In member services, this includes the provision of first-class integrated administration, online and telephony services, data cleansing and management, self-service strategy, member engagement and delivery of complex projects, such as GMPE.
We believe that the experience and expertise that Brightwell has built in providing these services to BTPS makes us uniquely well placed to deliver high-quality advice and services to other DB schemes.
While every scheme is unique and at a different point in its journey, there are many common challenges.
Examples of these challenges include:
At Brightwell, we understand these challenges and we know that standing still is not an option in a rapidly changing pensions industry and a fast-moving, unpredictable world.
Our approach is to partner closely with our clients to develop bespoke solutions that are tailored to their own objectives.
Brightwell can provide advisory support to DB schemes across a number of areas, including:
The pensions industry has lagged the rest of the financial services sector when it comes to technological innovation. Through our partnership with Procentia we offer pension schemes a powerful solution, giving members access to personalised pension information at the touch of a button.
Take me there – “Technology”Ensuring pension schemes can meet their obligations to members and their beneficiaries involves careful management of scheme assets and in-depth understanding of the factors that influence assets, liabilities and corporate sponsors. At Brightwell, we offer unique insight and expertise.
Take me there – “Funding & Fiduciary Services”Brightwell’s role in supporting BTPS is truly end-to-end, integrating every aspect of what it takes to successfully manage a complex DB pension scheme. Across funding…
Take me there – “Advisory Services”