Private credit recently hit the headlines for all the wrong reasons due to the collapse of First Brands and Tricolor. But these are not typical...
Read article “Private credit: Misguided fears and the real risks”4 minutes

Brightwell has been appointed as the new administrator for the British Coal Staff Superannuation Scheme (BCSSS). Brightwell will start providing administration services from October 2027. BCSSS provides benefits to more than 36,000 members.
Brightwell will provide a complete pension administration service to BCSSS. This includes handling of all member processes and contact from Brightwell’s award-winning administration centre based in Chesterfield.
Brightwell will also introduce a new personalised online portal for BCSSS members that prefer to manage their pension online. The new administration platform and portal will be hosted on Procentia’s market-leading IntelliPen system. Procentia is part of the Brightwell Group.
Morten Nilsson, CEO, Brightwell, said: “We have worked closely with the Coal Pension Trustees over the last two years, proving that a more partnership-based approach in the pensions industry can improve service for both members and schemes alike.”
“Our focus is always on providing a high-quality member experience delivered efficiently, underpinned by actionable insights. Winning the administration contract for the British Coal Staff Superannuation Scheme is proof that our formula is working.”
CPT Co-CEO John Dunn said: “Brightwell took over administration of the Mineworkers’ Pension Scheme in January 2025, and it’s proved to be a great partnership. Brightwell shares Coal Pension’s commitment to providing members with a high-quality service. So, I am delighted that the Trustees of the British Coal Staff Superannuation Scheme have now appointed Brightwell as their Scheme’s next administrator.”
Chair of the BCSSS Trustees, Cheryl Agius, added: “The Trustees selected Brightwell following a process that focused on quality of member service and finding an organisation that shared our values. We want our members to receive the best possible service tailored to their needs, and Brightwell showed us that they could deliver this. We look forward to working with them over the coming years.”

Head of Communications and External Relations
Brightwell has welcomed government plans to increase regulatory oversight of pension scheme administrators and strengthen trustee capability, while maintaining a proportionate approach to reform.
Find out more about “Brightwell comments on the Government’s response to the Trustees and Governance consultation”11/11/2026
Morten Nilsson, CEO, Brightwell said: “Trustees’ fiduciary duty to act in members’ best interests is the bedrock of our pension system and is well tested in law.
Find out more about “Brightwell comments on the consultation and draft guidance on fiduciary duty”06/11/2026
For information on how we use your personal data read our terms & conditions and privacy statement.