The Big Interview: Twelve into one does go

Helen Morrissey
clock

In February this year Babcock Iinternational announced it had selected Friends Provident to administer a single defined contribution scheme for those who did not have access to a defined benefit arrangement. Helen Morrissey talks to group pensions manager Andrew Birkett about the process of streamlining its DC provision

Helen Morrissey: So why did you decide to implement a trust-based defined contribution scheme at Babcock? Andrew Birkett: We’ve grown through acquisition and over the years we have inherited var...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Contribution

Scale, support and sustainability to 'define' DC market in 2026

Scale, support and sustainability to 'define' DC market in 2026

LCP says year will be driven by regulation, tax relief and evolving member needs

Holly Roach
clock 07 January 2026 • 2 min read
People's Pension reworks pre-retirement default option

People's Pension reworks pre-retirement default option

£6bn pre-retirement part of default fund changes fixed income and sovereign bond allocations

Jasmine Urquhart
clock 24 November 2025 • 2 min read
Aon DC retirement standards tracker falls in Q3

Aon DC retirement standards tracker falls in Q3

Expected standards for younger savers fell while older members had higher predicted outcomes

Jasmine Urquhart
clock 21 November 2025 • 1 min read
Trustpilot