Broadstone has launched Broadstone100 which will provide an integrated and cost-effective solution for trustees and employers to manage their small and mid-sized DB pension schemes.
It brings together all the core actuarial, administration and governance services required to manage a DB scheme within a simple fixed fee structure.
Broadstone100 offers core services such as member data management, actuarial valuations, and topical issue advice. It also allows for optional additional services like treasury, investment consulting, and pension payroll. Specific projects can also be undertaken alongside routine scheme management, such as GMP equalisation and insurance solutions.
Broadstone actuarial director Andy Thomson: “Running a small or mid-sized DB pension scheme can be immensely challenging given the disproportionately high management time and cost involved.
“Our ability to provide high-quality services via a cost-effective, integrated package streamlines the running of smaller schemes. It will benefit from all the technology we deploy for larger schemes, such as our Sirius modelling and monitoring tool and is delivered by our experienced, expert consultants.”