Broadstone has announced ambitious growth plans in order to provide clients with relevant administrative and technical support as record numbers of employers commence auto-enrolment over the coming years. Auto-enrolment staging (i.e. start) dates are staggered, starting with large employers from October 2012 through to SMEs in 2015.
As part of its growth plan, Broadstone will appoint a number of new staff to be based in its offices in London, Birmingham and Sheffield. Ian Willans has joined as a Business Development Consultant. He will have responsibility for developing new business streams within the auto-enrolment team. He has a vast amount of experience and joins having worked for both the Financial Conduct Authority and the Money Advice Service.
These new appointees follow the recent announcements that Charles Goodman and Brett Smith have joined Broadstone as pension consultant and corporate benefits director respectively.
Broadstone has also strengthened its proposition with two strategic alliances in order to ensure adequate client support during the anticipated ‘capacity crunch’ this year and next:
• AVIVA’s auto-enrolment administration site white-labelled as Broadstone Bond that provides an efficient auto-enrolment administration solution for SMEs and;
• Standard Life – a simple, streamlined, compliant SME solution that gives employers access to a quick, simple route to auto-enrolment compliance.
Mark Howlett, chief executive of Broadstone explained:
“Today’s announcement underlines Broadstone’s 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. Broadstone has the technology and depth and volume of staffing in place to ensure that employers are adequately equipped to deal with the auto-enrolment process.”
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