• Home
  • Admin/Tech
  • Benefits
  • Buzz
  • DB
  • DC
  • Diversity
  • Investment
  • Law & regulation
  • Risk reduction
  • Events
  • Whitepapers
  • Spotlights
  • Digital Edition
  • PPTV
  • Newsletters
  • Sign in
  •  
      • Newsletters
      • Account details
      • Contact support
      • Sign out
     
    •  

      You are currently accessing ProfessionalPensions via your Enterprise account.

      If you already have an account please use the link below to sign in.

      If you have any problems with your access or would like to request an individual access account please contact our customer service team.

      Phone: +44 (0) 1858 438800

      Email: [email protected]

      • Sign in
  • Follow us
    • Twitter
    • LinkedIn
    • Newsletters
    • YouTube
  • Register
  • Subscribe
  • Events
    • Upcoming events
      event logo
      Webinar: Using passion for ESG to unleash member engagement

      This webinar will look at how pension schemes can harness their members’ interest in ESG to engage them more broadly with their pensions. In particular, it will look at exclusive research showing how members are reacting to ESG; their propensity to act versus their actual behaviour; and the expectations they have of providers in this regard.

      • Date: 26 Jan 2021
      • Webinar
      event logo
      Investment Conference

      This two part Investment Conference will bring you the latest updates from economists, asset managers and pension consultants. We will be taking a look at the outlook for the 2021 economy, alternatives, cashflow strategies and global equity markets to name a few, assessing how they fared through the volatility and what we can expect for the year ahead.

      • Date: 27 Jan 2021
      • Digital Conference
      event logo
      Webinar: What to put on your GMP Equalisation project roadmap for 2021

      This webinar will bring together views from actuaries, lawyers, administrators, trustees and data experts to look at the pragmatic, collaborative solutions that are open to schemes to solve the GMP equalisation challenges in 2021. It will assess the individual challenges schemes face with equalisations and provide some practical options that are available to resolve these issues.

      • Date: 02 Feb 2021
      • Webinar
      event logo
      Webinar: Will the world return to normal in 2021?

      In this webinar, PP editor Jonathan Stapleton will be joined by BMO’s chief economist Steven Bell and director of fiduciary management, Christy Jesudasan, alongside PTL trustee director Melanie Cusack and Isio’s head of fiduciary management oversight Paula Champion to discuss the significant impact of these themes on the pensions sector.

      • Date: 04 Feb 2021
      • Webinar
      View all events
      Follow our Professional Pension Events

      Sign up to receive email alerts about our events

      Sign up

  • Whitepapers
    • How DC schemes can gain exposure to different asset classes in a low-return environment

      So far, DC plans have largely been focused on the onset of auto-enrolment and changes to the regulatory framework - be it the ‘charge cap,' ‘pension freedoms' or consultations around ‘value for money', says Annabel Tonry, Executive Director at J.P. Morgan Asset Management (JPMAM).

      Download
      Pension freedoms three years on

      In 2015 George Osborne, then the UK Chancellor of the Exchequer, decided that those age over 55 could take much more of their pension in cash. This has since opened up a range of possibilities for DC scheme members in the world of pensions.

      Download
      Find whitepapers
      Search by title or subject area
      View all whitepapers
  • Spotlights
  • Digital Edition
Professional Pensions
Professional Pensions
  • Home
  • Admin/Tech
  • Benefits
  • Buzz
  • DB
  • DC
  • Diversity
  • Investment
  • Law & regulation
  • Risk reduction
 
    • Newsletters
    • Account details
    • Contact support
    • Sign out
 
  •  

    You are currently accessing ProfessionalPensions via your Enterprise account.

    If you already have an account please use the link below to sign in.

    If you have any problems with your access or would like to request an individual access account please contact our customer service team.

    Phone: +44 (0) 1858 438800

    Email: [email protected]

    • Sign in
  • Employee Benefits

How we won the WSB Awards... Barnett Waddingham

How we won the WSB Awards... Barnett Waddingham
  • WSB Online
  • 22 November 2018
  • Tweet  
  • Facebook  
  • LinkedIn  
  • Send to  
0 Comments

WSB talks to Barnett Waddingham partner and head of workplace health and wealth Damian Stancombe about winning the Employee Benefit Consultant of the Year award.

What does it mean to win this award?

Winning this award is testament to the time and effort we have put into developing our workplace health and wealth offering over the past five years - taking what it meant to be Barnett Waddingham, a firm with a strong sense of independence and doing the right thing, and applying it to the health and wealth area of business. This has taken time, but it feels like these efforts have really come together over the past 12-18 months and that our clients now really get what we are trying to achieve.

Judges comments: Barnett Waddingham demonstrates a "clear strategy" and "puts the customer at the centre of everything they do"

What do you believe sets you apart from your peers?

We like to think we see the world more holistically than our peers and are able to bring the strengths of the broader Barnett Waddingham business to our workplace health and wealth business.

While we do not have products, we do have strong analytical capabilities and can offer solid independent consultancy to our clients. Because we are not selling products, it allows us to really look at the problems faced by our clients and I really do believe this sets us apart from our peers.

What are the key challenges facing your clients and how are you helping them address them?

One of the problems that we are facing today is the productivity puzzle - how do we get a better return on investment from our employees? In the UK, we have relied far too much on de-personalised, low-paid employment instead of investing in technology and upskilling - that means we have not seen our productivity increasing in line with our global peers.

To address that we have got to attract the right people to our organisations and to retain them, and there is also a lot of training that needs to go with this. We are very keen to help organisations create a culture that is the sort of place that an individual of that talent pool will want to go and to help them future-proof their businesses. What we do has to both add value and be future-proof - if we cannot add value, then we are not going to recommend you use our services.

How will you continue to improve your services to clients over the coming 12 months?

We are a very strong defined contribution team, but we need to be broader because you cannot talk about retirement when you have real issues (such as personal debt) within workplaces today. We need to get people to understand how they can make their pound go further.

We have tried to do this from a very consumer point of view with the launch of Me2, which is something we are going to push further over the coming year. Organisations do not want to pay our fees to do presentations in the flesh any more, but they do want their people to be educated to be able to make choices - our Me2 platform enables employees to learn and plan, not just around their own wealth, but around their health too.

The corporates of the future really need to take a personal interest in their employees and some of the stuff we're producing and working on will allow them to do just that.

It is about recognising what the needs of the employer are and actually building to meet those needs, not for us to sell.

  • Tweet  
  • Facebook  
  • LinkedIn  
  • Send to  
  • Topics
  • Employee Benefits
  • Barnett Waddingham
  • damian stancombe
  • WSB Awards
  • WSB Awards Winners Series

More on Employee Benefits

The KC Communications team
How KC Communications is adapting employee benefits to the new reality

The pandemic sparked Huddersfield-based public relations and social media agency KC Communications to reassess its employee benefits package as it sought to adapt to the new normal.

  • Employee Benefits
  • 17 December 2020
Doing the right thing: Addressing mental health in a post-Covid workplace

DLA Piper's Jane Hannon says the post-Covid workplace provides new challenges when it comes to addressing employee mental health.

  • Employee Benefits
  • 10 December 2020
UPDATED: Capita sells employee benefits business to Benefex; Atlas Master Trust not part of transfer

Capita has sold its employee benefits business to Benefex following a strategic review.

  • Employee Benefits
  • 01 December 2020
Covid-19 means employers need to reassess the benefits they provide staff
How employers are changing their benefit offerings as a result of the Covid crisis

Covid-19 has had a seismic impact on regular office life. Nick Martindale looks at how employee benefits provisions are expanding to reach the new normal

  • Employee Benefits
  • 01 December 2020
Industry Voice: Making customised wellness plans in a post-coronavirus world

The technology to improve employees’ wellbeing is already here. But it is now in employers’ hands to make sure it is used to create successful corporate wellness programmes

  • Employee Benefits
  • 25 November 2020
blog comments powered by Disqus
Back to Top

Most read

Mark Stocker dies following cancer battle
Mark Stocker dies following cancer battle
Pension Schemes Bill gets final approval and waits for Royal Assent
Pension Schemes Bill gets final approval and waits for Royal Assent
L&G agrees £400m deal with own scheme
L&G agrees £400m deal with own scheme
PLSA unveils six policy board appointments
PLSA unveils six policy board appointments
Boohoo acquisition of Debenhams leaves schemes with PPF
Boohoo acquisition of Debenhams leaves schemes with PPF
Trustpilot

 

  • Contact Us
  • Marketing solutions
  • About Incisive Media
  • Terms and conditions
  • Policies
  • Careers
  • Twitter
  • LinkedIn
  • Newsletters
  • YouTube

© Incisive Business Media (IP) Limited, Published by Incisive Business Media Limited, New London House, 172 Drury Lane, London WC2B 5QR, registered in England and Wales with company registration numbers 09177174 & 09178013

Digital publisher of the year
Digital publisher of the year 2010, 2013, 2016 & 2017
Loading