Check in on your savings
It's good to keep an eye on your savings, and make sure your retirement details are always up to date
Staying up to date with your pension is important
It’s important to review your pension regularly. This lets you understand more about the income you may receive in retirement. When you've signed in to your Smart Pension account, you'll also see how much money you've saved to date, how your savings are doing and what you’ve chosen as your planned retirement age.
Staying up to date with your pension is important
It’s important to review your pension regularly. This lets you understand more about the income you may receive in retirement. When you've signed in to your Smart Pension account, you'll also see how much money you've saved to date, how your savings are doing and what you’ve chosen as your planned retirement age.
Review your retirement goals regularly
With one or two exceptions (your company may have chosen an alternative investment strategy for you), we'll start by investing your money in the Smart Growth Medium Risk option. It's an option that suits many members' retirement goals.
However, if you want to, you can choose a different fund at any time. The fact sheets and details about our charges are all stored in your Smart Pension account.
Smart Pension lets you check back regularly, you don't have to wait for an annual pension statement to see how your savings are doing. It's important to do this from time to time, to make adjustments that help you stay on track for your planned retirement.
Review your retirement goals regularly
With one or two exceptions (your company may have chosen an alternative investment strategy for you), we'll start by investing your money in the Smart Growth Medium Risk option. It's an option that suits many members' retirement goals.
However, if you want to, you can choose a different fund at any time. The fact sheets and details about our charges are all stored in your Smart Pension account.
Smart Pension lets you check back regularly, you don't have to wait for an annual pension statement to see how your savings are doing. It's important to do this from time to time, to make adjustments that help you stay on track for your planned retirement.
Check your personal details
Pensions are a long-term financial product, so it's easy to let details slip, but it’s important to check that your contact details, including a personal email address, are accurate and your expression of wish and retirement age are up to date.
Check your personal details
Pensions are a long-term financial product, so it's easy to let details slip, but it’s important to check that your contact details, including a personal email address, are accurate and your expression of wish and retirement age are up to date.
Keep us up to date with your retirement plans
It's important to let us know if you'd like to change your retirement age. If you do change it, and you're using one of our standard investment strategies, then we'll make a note to move your assets at the right time. We’ll reduce their exposure to risk as you get closer to that new retirement date.
If you want to, you can also be more involved in deciding which funds we should invest for you, and when those funds should move. All of the fund fact sheets are stored in your account as PDFs.
Keep us up to date with your retirement plans
It's important to let us know if you'd like to change your retirement age. If you do change it, and you're using one of our standard investment strategies, then we'll make a note to move your assets at the right time. We’ll reduce their exposure to risk as you get closer to that new retirement date.
If you want to, you can also be more involved in deciding which funds we should invest for you, and when those funds should move. All of the fund fact sheets are stored in your account as PDFs.
Five steps to help you stay on track
Lots of things may affect your retirement income. How much money you put into a pension is one of them. We make it easy to check how your pension is performing via our mobile app, and by sending you an annual pension statement. This shows how much income your pension savings could deliver in ‘today’s money’, before tax. You can also review your pension savings more often by signing in to your account. Here are five steps to help you to stay on track:
1. Check your balance. Sign in to your account. You’ll see how your pension savings are performing.
2. Review your contributions. Make a note of how much you’re paying in. You can also see how much your employer is contributing to your pension every month. Could you put more in?
3. Think about all of your savings. You could check your Smart Pension account on its own, but it’s a good idea to review all of your pensions at the same time. If you’re not sure where to find old pensions, the government’s Pension Tracing Service can help you to track them down.
4. Review your retirement goals. Your account will show your expected retirement age. Knowing how much money you’re putting in and when you want to retire, you can get an idea of any shortfall for that timeframe. You might want to boost your savings – either with higher monthly contributions or with one-off payments.
5. Make a date for your next review. Pop a regular review into your diary or your phone.
Your Smart Pension account shows you a real-time valuation. You may find The Money Advice Service’s pension calculator useful. It makes general assumptions about inflation, fund growth, and how much you’ll be putting into your pension between now and when you retire. Everything’s explained at the end of the calculations.
Five steps to help you stay on track
Lots of things may affect your retirement income. How much money you put into a pension is one of them. We make it easy to check how your pension is performing via our mobile app, and by sending you an annual pension statement. This shows how much income your pension savings could deliver in ‘today’s money’, before tax. You can also review your pension savings more often by signing in to your account. Here are five steps to help you to stay on track:
1. Check your balance. Sign in to your account. You’ll see how your pension savings are performing.
2. Review your contributions. Make a note of how much you’re paying in. You can also see how much your employer is contributing to your pension every month. Could you put more in?
3. Think about all of your savings. You could check your Smart Pension account on its own, but it’s a good idea to review all of your pensions at the same time. If you’re not sure where to find old pensions, the government’s Pension Tracing Service can help you to track them down.
4. Review your retirement goals. Your account will show your expected retirement age. Knowing how much money you’re putting in and when you want to retire, you can get an idea of any shortfall for that timeframe. You might want to boost your savings – either with higher monthly contributions or with one-off payments.
5. Make a date for your next review. Pop a regular review into your diary or your phone.
Your Smart Pension account shows you a real-time valuation. You may find The Money Advice Service’s pension calculator useful. It makes general assumptions about inflation, fund growth, and how much you’ll be putting into your pension between now and when you retire. Everything’s explained at the end of the calculations.
Instant changes to your
pension savings
You won’t need to check in on your pension savings every day. They're designed to be a long-term investment. But if you do need or want to get an update, then the secure Smart Pension makes it easy to get that information straight away. There’s no need to make a phone call or to wait for a letter.
Our app will give you real time information about your pension savings. It puts your future into the palm of your hand.
Instant changes to your
pension savings
You won’t need to check in on your pension savings every day. They're designed to be a long-term investment. But if you do need or want to get an update, then the secure Smart Pension makes it easy to get that information straight away. There’s no need to make a phone call or to wait for a letter.
Our app will give you real time information about your pension savings. It puts your future into the palm of your hand.
Instant changes to your
pension savings
You won’t need to check in on your pension savings every day. They're designed to be a long-term investment. But if you do need or want to get an update, then the secure Smart Pension makes it easy to get that information straight away. There’s no need to make a phone call or to wait for a letter.
Our app will give you real time information about your pension savings. It puts your future into the palm of your hand.
Instant changes to your
pension savings
You won’t need to check in on your pension savings every day. They're designed to be a long-term investment. But if you do need or want to get an update, then the secure Smart Pension makes it easy to get that information straight away. There’s no need to make a phone call or to wait for a letter.
Our app will give you real time information about your pension savings. It puts your future into the palm of your hand.
Instant changes to your
pension savings
You won’t need to check in on your pension savings every day. They're designed to be a long-term investment. But if you do need or want to get an update, then the secure Smart Pension makes it easy to get that information straight away. There’s no need to make a phone call or to wait for a letter.
Our app will give you real time information about your pension savings. It puts your future into the palm of your hand.
Smart Pension's fund choices
Smart Active Impact Bond Fund
Aims to invest in bonds which have an environmental impact and generate financial return above the global green bond market, taking into account Environmental, Social and Governance issues when selecting investments.
Smart Active Impact Equity Fund
The aim of this fund is to invest in equities which provide growth over the long term (being a period of five years or more) and invest in companies that contribute to the achievement of the United Nations’ Sustainable Development Goals.
Smart All Stocks Index – Linked Gilts Index Fund
Aims to track the return of the FTSE Actuaries British Government Index Linked All Stocks Index, which features UK government bonds with returns linked to the Retail Price Index (RPI).
Smart Annuity Fund
Aims to improve potential outcomes for investors likely to purchase fixed annuities by providing a diversified exposure to assets that reflect the broad characteristics of investments underlying a typical traditional level annuity product, incorporating Environmental, Social and Governance (“ESG”) considerations as part of the investment strategy.
The fund cannot provide full protection against changes in annuity rates for individual members as these also depend upon a number of other factors (e.g. changes to mortality assumptions).
Smart Cash Fund
Aims to maintain capital and provide a return in-line with money market rates by investing in a range of money market securities denominated in sterling.
Smart Ethical and Climate Fund
Aims to track a filtered index, which excludes companies that operate in industries that breach certain ethical criteria.
Smart Global Bond Index Fund
Aims to invest in different types of bonds in the UK and overseas, taking into account Environmental, Social and Governance factors.
Smart Growth Fund – Higher Risk
This fund carries a higher risk of fluctuation to your savings than other growth funds available but has the potential for high growth, though this is not guaranteed.
Smart Growth Fund – Lower Risk
This fund carries the lowest risk of fluctuation to your savings than other growth funds available but also reduced likelihood of a high return. It may be suitable if you are concerned about volatility.
Smart Income Fund
Aims to provide long-term investment growth up to retirement, and to support flexible income during retirement, taking into account Environmental, Social and Governance factors.
Smart North America Equity Index Fund
Aims to provide broad exposure to companies in the North American equity market, taking into account Environmental, Social and Governance factors.
Smart Sharia Fund
Aims to create long term appreciation of capital through investment in a diversified portfolio of securities which meets Islamic investment principles.
Smart Sustainable Growth Core
Aims to take advantage of Environmental, Social and Governance factors by investing more in companies which score well in these areas.
Smart Sustainable Growth Fund
Aims to take advantage of Environmental, Social and Governance factors by investing more in companies which score well in these areas to mitigate Environmental, Social and Governance risks and benefit people and the planet by having a moderate allocation to investments contributing to solutions for environmental and social issues.
Smart Sustainable Growth Plus
Aims to take advantage of Environmental, Social and Governance factors by investing more in companies which score well in these areas to mitigate Environmental, Social and Governance risks and benefit people and the planet by having a high allocation to investments contributing to solutions for environmental and social issues.
Smart UK Equity Index Fund
Aims to provide broad exposure to the UK stock market, taking into account Environmental, Social and Governance factors.
Smart World (ex UK) Developed Equity Index Fund
Aims to provide broad exposure to large and mid-cap companies in the developed world, excluding the UK, taking into account Environmental, Social and Governance factors.
Smart World Emerging Markets Equity Index Fund
Aims to provide access to key emerging economies taking into account Environmental, Social and Governance factors.
