Small schemes

Pearl is Barnett Waddingham’s streamlined service which encapsulates our best thinking to support employers wishing to put in place modern workplace pension savings or employee benefit arrangements.

We reduce the administrative burden that businesses have when dealing with workplace pension, savings or employee benefit arrangements, enabling business owners to focus on running their business instead. By taking advantage of key expertise across the firm, we are able to provide an affordable service to employers. We are able to keep costs low by focussing on making efficiencies for clients.

Pearl A>E (auto-enrolment)

Our team supports employers in meeting their auto-enrolment obligations, either through establishing new auto-enrolment pension schemes or maintenance of their current qualifying workplace pension schemes.

We offer a streamlined set-up service for auto-enrolment, which we call ‘A>E’. This solution is decision-light  for the employer and our team of auto-enrolment specialists will guide employers through the choices they have when creating a qualifying scheme for auto-enrolment purposes.

We have partnered with two leading pension providers for our A>E Solution. This gives the employer a choice based on their circumstances and preference.

Pearl Wealth (DC schemes)

Within Pearl Wealth we focus on three central areas which we believe are essential for a compliant and successfully run defined contribution (DC) scheme.

Pearl Health (employee benefits)

Within Pearl Health we primarily focus on four areas of group benefits:

• group life assurance (including dependants’ pensions);
• group income protection;
• critical illness cover; and
• private medical insurance.

As a team we want to ensure that employee benefits are being handled and administered in the most appropriate way based on the employer’s expectations. Pearl Health does this by carrying out high level reviews of the market place to ensure that our clients are receiving competitive terms and positive provider experiences.