Get advice about your pension options
An independent financial adviser can help you to make the most of your pension savings.
Your choices now will affect your income in retirement
When you retire, you’ll need enough savings to live on for the rest of your life. It can be hard to know how much to save, but an independent financial adviser (IFA) can help.
An IFA will ask you about your situation, your income and outgoings, your aims, and how you feel about taking risks. After this review – it’s often called a ‘fact find’ – you’ll be given a recommendation on the products that will help you to make the most of your money.
When it comes to managing your pension contributions, an IFA can provide valuable guidance about the amount you pay in, which funds you invest in, and how to manage your money at retirement. It’s more than likely you’ll be asked to pay for the advice, but the adviser will explain what the fees and charges are, and how those fees relate to any products being recommended.
You can find an independent financial adviser on unbiased.co.uk or via The Money Advice Service.
Whilst we recommend that you speak to an IFA, we recognise that for some people, it may not be an affordable option. We also understand that everyone’s financial needs can change as you move through your retirement journey. As a result, we have developed Smart Retire (part of the Smart Pension Master Trust), an innovative retirement tool that’s customisable to your needs and will provide flexibility throughout your retirement.
Find out more about how Smart Retire can help provide you with a flexible income in retirement.
Your choices now will affect your income in retirement
When you retire, you’ll need enough savings to live on for the rest of your life. It can be hard to know how much to save, but an independent financial adviser (IFA) can help.
An IFA will ask you about your situation, your income and outgoings, your aims, and how you feel about taking risks. After this review – it’s often called a ‘fact find’ – you’ll be given a recommendation on the products that will help you to make the most of your money.
When it comes to managing your pension contributions, an IFA can provide valuable guidance about the amount you pay in, which funds you invest in, and how to manage your money at retirement. It’s more than likely you’ll be asked to pay for the advice, but the adviser will explain what the fees and charges are, and how those fees relate to any products being recommended.
You can find an independent financial adviser on unbiased.co.uk or via The Money Advice Service.
Whilst we recommend that you speak to an IFA, we recognise that for some people, it may not be an affordable option. We also understand that everyone’s financial needs can change as you move through your retirement journey. As a result, we have developed Smart Retire (part of the Smart Pension Master Trust), an innovative retirement tool that’s customisable to your needs and will provide flexibility throughout your retirement.
Find out more about how Smart Retire can help provide you with a flexible income in retirement.
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 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 invest in a way which matches the broad characteristics of investments underlying the pricing of a typical non-inflation linked annuity.
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 De-risking Fund
This fund has been created so that it will typically suit most of our members who are approaching their target retirement age and would like a lower level of volatility than the smart growth funds.
Smart Ethical Global Equity Index Fund
Aims to track a filtered index, which excludes companies that operate in industries that breach certain ethical criteria.
Smart Future Fund
This fund aims to replicate the asset allocation, performance and risk profile of our Smart Growth Moderate fund, whilst incorporating additionalscreening criteria that revalues the weighting of each investment depending on their Environmental, Social, and Governance (ESG) score. It aims to limit the additional risks associated with ESG factors.
Smart Growth Fund - Higher Risk
This fund carries a higher risk of fluctuation to your savings but has the potential for high growth, though this is not guaranteed
Smart Growth Fund - Lower Risk
This fund carries the lowest risk of loss but also reduced likelihood of a high return, but it may be suitable if you are concerned about volatility.
Smart Growth Fund - Moderate Risk
This fund has been created so that it will typically suit most our members, it has the medium level of risk of these funds.
Smart Income Fund
Aims to provide long-term investment growth up to and during retirement, to facilitate the drawdown of retirement income.
Smart Lower Risk Fund
This fund has been created so that it will typically suit most of our members who are approaching their target retirement age and would like an even lower level of volatility than the smart growth funds and the de-risking fund.
Smart North America Equity Index Fund
Aims to track the return of the FTSE World North America Index, which provides broad exposure to companies in the North American equity market.
Smart Overseas Bond Index Fund - GBP Hedged
Aims to invest in different types of bonds, including corporate and government bonds both in the UK and overseas.
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 UK FTSE 100 Equity Index Fund
Aims to track the return of the FTSE 100 Index, which contains the largest listed companies on the UK stock market.
Smart World (ex UK) Developed Equity Index Fund
Aims to track the performance of the FTSE Developed (ex UK) Index, which provides broad exposure to large and mid-cap companies in the developed world, excluding the UK.
Smart World Emerging Markets Equity Index Fund
Aims to track the return of the FTSE All-World Emerging Index, which provides access to key emerging economies including Brazil, Russia, India and China.