Barnett Waddingham (BW) has partnered with BoardClic, a platform for digital board performance reviews and board member evaluations.
BoardClic’s board review platform and benchmarking tools for pension plans are exclusively available through BW, a consultant that offers a customised, data-driven strategy that complies with governance rules.
The partnership combines consulting expertise with advanced technology to help pension trustees evaluate board effectiveness and benchmark against peers.
BW says that the partnership facilitates better decision-making by streamlining the assessment process and highlighting areas for growth.
Trustees can access tools like Board Evaluation, Skills Matrix, and Meeting Express, designed specifically for their needs.
Barnett Waddingham partner and senior consultant Lucy Cresswell says: “This partnership with BoardClic was a natural fit for us, with clear synergies between our organisations. Barnett Waddingham is well known for its excellence in pension scheme governance and BoardClic’s market leading board evaluation platform will allow us to offer greater insight and additional evaluations to our clients through the use of a secure and data-driven platform.
“With ongoing regulator-driven requirements for our clients around board effectiveness and identifying gaps in skills and competencies, it has never been more crucial for trustees to evaluate their board governance processes that act as a bedrock to good governance practices.”
BoardClic founder Monica Lagercrantz says: “We are proud to partner with Barnett Waddingham, a recognised leader in professional services and pensions consultancy in the UK. Together, we share a commitment to delivering innovative and effective solutions for board performance and governance.
“With the introduction of our platform for digital board performance reviews, Barnett Waddingham’s pension scheme clients will be able to seamlessly adopt a data-driven approach to board effectiveness while ensuring compliance with best practice governance standards.”