Smart Pension is to become the ABI’s first Workplace Platform member, the Association of British Insurers’ (ABI) Chair, Amanda Blanc, announced today at the industry association’s Annual Conference.
Smart Pension, established in 2014, is a technology-driven pension platform set up with the aim of making it easy for employers to meet their automatic enrolment needs. Businesses enrol their employees into a workplace pension scheme through the platform.
The ABI’s Chair, Amanda Blanc, commented:
“Today’s announcement is timely, following the recent news that 10 million people have now been auto-enrolled into a pension scheme. Smart Pension play an important role in enabling the continued growth of workplace pensions for the benefit of consumers and I look forward to working together on our shared policy ambitions.”
Andrew Evans, Co-Founder and CEO of Smart Pension said:
"We are delighted to be joining the ABI at this crucial time for the ongoing development of our pension system. Auto enrolment has achieved masses to date, but as an industry we've still got a lot to do to deliver really good outcomes for people. We look forward to being part of the conversation that will drive that change.”
Yvonne Braun, ABI Director of Policy, Long-Term Savings and Protection, added:
“Automatic enrolment in workplace pensions has fundamentally changed the long-term savings market. As markets change, we are changing with them, and welcoming new members is a very important part of this. Smart Pension will further strengthen the ABI’s voice in discussions with Government and regulators. We are excited to welcome Smart Pension on board.”
Smart is a global savings and investments technology platform provider. Co-founded in 2014 by Andrew Evans, Group CEO, and Will Wynne, Group MD, it is one of the UK's largest providers of workplace pensions. Its award-winning master trust, Smart Pension, is overseen by independent professional trustees.
In 2020 Smart Pension was named Master Trust Offering of the Year at the Pension Age Awards. Other awards include DC Master Trust of the Year, DC Innovation of the Year and Retirement Innovation of the Year in the 2019 UK Pensions Awards. Smart Pension was also named European Pension Fund of the Year 2019 in the European Pension Awards.
Legal & General Investment Management (LGIM), J.P. Morgan, Link Group, Natixis Investment Managers and Barclays are all investors in Smart.
We tweet as @SmartPensionUK.
Contact the Smart press office on 020 8016 2553 or email email@example.com