Employee benefits and pension consultants Broadstone Group has acquired Quattro Pensions to support its growth in the occupational pension schemes market.
Midlands-based Quattro Pensions has been providing actuarial and scheme administration services since July 2002, and currently supports over 120 clients, including the Pension Protection Fund (PPF).
Broadstone says this acquisition helps deliver scale and complements the groups current geographical reach and range of services.
Broadstone head of consulting and actuarial services Nigel Jones says: “I have worked professionally with the leadership team at Quattro for many years. This strong starting point will enable our two business to come together without disruption to clients and staff.”
Jones added: “The established relationship that Quattro has with the PPF, combined with our ability to add scale and efficiency, will create an excellent platform to bring the personal service that Quattro already provides to a significantly wider membership.”
Andrew Allsopp, founder director of Quattro Pensions adds: “We believe that becoming part of the Broadstone Group will be good news for all of our clients and 100 employees who will all benefit from the advantages gained from working with a national market leader who shares our existing values.”
