Broadstone is expanding its auto-enrolment proposition and has signed strategic alliances with Aviva and Standard Life.
Aviva’s auto-enrolment administration site is being white-labelled as Broadstone Bond, while the intermediary has also signed a deal with Standard Life for its streamlined SME solution.
The firm is also appointing a number of new staff in its offices in London, Birmingham and Sheffield. Ian Willans has joined as a business development consultant, with responsibility for developing new business streams within the auto-enrolment team. He has formerly worked for both the Financial Conduct Authority and the Money Advice Service.
Charles Goodman and Brett Smith recently joined Broadstone as pension consultant and corporate benefits director respectively.
Broadstone chief executive Mark Howlett says: “Today’s announcement underlines our commitment to providing the best possible service to employers commencing auto-enrolment over the coming years. Every employer, from large companies through to small start-ups will need to auto-enrol staff – but clearly the solutions, and budget available, will differ wildly. We now have appropriate solutions to cover the various levels of complexity and budgets available.
“We believe that the will be a capacity crunch – with many employers waking up to the reality of auto-enrolment until their staging date is fast approaching. Accordingly, Broadstone has taken the strategic decision to expand this year.
“Employers will need to act fast if they are to meet their legal obligations to provide a qualifying workplace pension scheme for eligible staff or be left facing the potential consequences.”