2024 has been a busy and productive year at Brightwell. We’ve reached new heights of member satisfaction for BTPS and introduced a fully online retirements service. We won a new administration client – the Mineworkers’ Pension Scheme - and celebrated a year of providing fiduciary management services to EEPS. We've summarised all this and more in this short video. #newyear2025 #Brightwell #Pensions #DBpensions
Brightwell
Investment Management
London, England 3,928 followers
Brightwell is an end-to-end service provider for defined benefit pension schemes.
About us
Brightwell is the new name for BT Pension Scheme Management, the primary service provider to the £37bn BT Pension Scheme, one of the largest private sector pension schemes in the UK. At Brightwell, we understand what it means to manage a complex defined benefit (DB) pension scheme. We’re proud of everything we’ve delivered for BTPS and, in recent years, we've invested heavily to improve the service we provide to the Scheme and its members including the introduction of new administration and investment and liability platforms. We've insourced, innovated and disrupted inefficient industry practices and, in doing so, learned how to do things better. We’re excited to now be able to offer our services to a select group of partners who, like us, want to offer high quality service to members and sustainable funding and investment solutions. Our approach focusses on finding solutions to industry challenges, collectively owning problems, and collaborating for the long-term. Working with Brightwell, schemes can leverage expertise, innovation and market leading technology to improve quality, value for money and outcomes for members. Want to work with us? We aim to support our people in achieving their potential. We are focused on fostering a truly diverse, inclusive, and equitable culture with a workforce that is reflective of society. A workforce with the right talent to deliver the best possible results for our clients. Do get in contact by emailing us: careers@brightwellpensions.com
- Website
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https://brightwellpensions.com/
External link for Brightwell
- Industry
- Investment Management
- Company size
- 51-200 employees
- Headquarters
- London, England
- Type
- Privately Held
- Specialties
- Investment advice, Risk management, Responsible Investment, strategic asset allocation, Operational management, and Pension Administration
Locations
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Primary
Get directions
17 Crosswall
London, England EC3N 2, GB
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Get directions
Venture Way
Chesterfield, England S41 8, GB
Employees at Brightwell
Updates
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Brightwell reposted this
We’d like to congratulate all of our short-listed finalists across the Innovation & Transformation, Partnership, Best Practice Team & Best Practice Individual The 2025 Award winners will be announced on 29th April 2025 at our Awards Party in Newcastle.
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Read more insights in our full report on the future of ageing here: https://lnkd.in/eF7EwXYz Communal living and co-housing model will continue to rise, offering social connections and shared care solutions. #Brightwell #pensions #dbpensions #thefutureofageing
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A letter written by Brightwell CEO Morten Nilsson to the Financial Times was published this morning: "It is understandable that Rachel Reeves is nervous about putting any additional costs on employers given the recent increase in employer national insurance (“Chancellor pauses review into pensions after backlash”, Report: https://lnkd.in/ghqigX_Z, December 16). But the reality is that more than half of the population is under-saving for their retirement and minimum pension contributions will need to rise. However, there is a way for Reeves to sweeten the deal. There are around 5,000 final salary or “defined benefit” pension schemes that are sitting on an aggregate surplus of around £219bn. The employers that run these schemes have spent years plugging deficits but, due to changes in interest rates, they are now largely well-funded and have become potentially valuable assets in their own right. The challenge is that, in most cases, companies can’t access any of the surplus which sits in their pension schemes until the scheme is wound up. The previous government consulted on a potential change in the rules to make it easier for companies to access the surplus in their pension schemes subject to appropriate checks and balances. The industry is supportive, but the current government hasn’t moved this proposal forward. If Reeves wants to help employers, unlocking the value in their DB schemes could be one way to do it." Read the letter on the FT site here: https://lnkd.in/gJnVJRtx? #brightwell #financialtimes #pensions #dbpensions
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Brightwell are finalists in The Forum Awards 2025. Our team have been shortlisted in the innovation & Transformation category for our work implementing fully online retirements for BTPS members. Read more here: https://lnkd.in/e2E_Y_ni Congratulations to all the organisations that have been shortlisted and we'll see you at the awards ceremony in April 2025! #Brightwell #pensions #dbpensions #theforumawards2025
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Find the latest insights into the future of ageing in our full report here: https://lnkd.in/eF7EwXYz As the number of older renters rises, the future of housing must address affordability, security, and quality to ensure that renting into later life is sustainable and supportive. #Brightwell #pensions #dbpensions #thefutureofageing
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A few highlights from the Brightwell newsletter for Q4 - Bright Insight Read the full newsletter here: https://lnkd.in/e34E4UAE #Brightwell #pensions #dbpensions #newsletter
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Read more insights in our full report on the future of ageing here: https://lnkd.in/eF7EwXYz Smart homes with sensors, monitoring and automation technologies will allow older adults to live independently for longer. #Brightwell #pensions #dbpensions #thefutureofageing
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Morten Nilsson, CEO, Brightwell – primary services provider to the £35.7bn BT Pension Scheme said: “We welcome the Pension Protection Fund’s (PPF) announcement that it is delaying a decision on the 2025 / 2026 levy. “A well-functioning, safe and robust defined benefit (DB) sector is in everyone’s interest and the PPF has a key role in ensuring this. “But, given the significant surplus within the PPF, it cannot be right to continue to impose substantial levies on pension schemes and sponsors diverting resources that could otherwise be invested in the UK economy. “Urgent legislative reform is needed to allow the PPF greater flexibility in setting the levy, and to allow for a zero levy. We hope to see this in the forthcoming Pension Schemes Bill.” The PPF's announcement can be read here: https://lnkd.in/gZ38dHEw Read the comments on our site here: https://lnkd.in/gZUXX7B5 #Brightwell #PPF #PPFlevy #Pensions #DBpensions
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Take part in our research survey on generative AI in pensions: https://lnkd.in/ev7rUYyk Ahead of a series of events in 2025, we're interested to understand industry perspectives on the role of generative Artificial Intelligence (AI) in the Defined Benefit (DB) pensions sector. Responses will help identify priorities, opportunities, and challenges as we research the overall implications of this technology. All responses will remain anonymous and the survey will close on the 17th of January. #Brightwell #AI #GenerativeAI #pensions #DBpensions
Generative AI in pensions
surveymonkey.com