Broadstone

Follows Clara’s superfund deal with Debenhams scheme for which Broadstone administers

Transaction secures the benefits of 93 pensioners and 84 deferred members

Broadstone says stability at higher levels of scheme funding is increasing demand

Government’s DB options consultation sparks concern among sector

Providing schemes access to surpluses could be of ‘great benefit’ to sponsors and members

Industry warns of ‘bleak future’ as FCA unveils 2022/23 retirement income market data

Organisations have warned against the collecting of ‘endless items of data’

Communication, member protections and transfers just some of the aspects to prioritise

Broadstone said the acquisition will help deepen its credit risk and analytics portfolio

Launch follows pilot scheme last year which saw more than 20 schemes transact