Your pension update
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Hello from Smart Pension!
We want you to get the most out of your Smart Pension account now and in the future. In our latest pension update, we share important investment news, the latest features and changes to your charging structure.
Don’t forget
We’re here to help you understand your finances, make the most of your benefits and plan for retirement.
46
New features
released
1 Jan to 31 Dec 2025
12%
Investment growth
Smart Sustainable Growth Fund
1 Jan to 31 Dec 2025
Excellent
Trustpilot score
Standout customer service
As of 31 Dec 2025
1.9m
Smart Pension Master Trust members
As of 31 Dec 2025
Investment update
Our investments help you grow your pension savings whilst also doing the right thing for the world around us.
We're enhancing our Smart Sustainable Growth Fund with strategic investments in infrastructure and private equity.
Watch our short video to find out more.
Smart Pension joins forces with Octopus Energy and Kensa
Smart Pension has made a strategic initial investment of £330 million in two funds managed by Octopus Energy’s renewable arm, Octopus Energy Generation, to fast-track the UK’s transition to clean energy. This commitment supports innovative companies like Kensa, a leading manufacturer of ground source heat pump technology, to generate sustainable growth for Smart Pension’s 1.9 million pension savers.
What’s new?
Your feedback has helped us roll out new features, so you can understand why your pension is important and make sure your pension savings work as hard as you do. Here are a few of the highlights:
Find out what you’ll have in retirement, and how much you might need for the lifestyle you want here
See your pension’s potential by getting a clear view of your pension savings by signing in today
Compare our wide range of funds and strategies to make the most of where and how your money is invested with an improved and refreshed look and feel
Brings a better user experience with an improved look and feel, smoother navigation so it's easier to use and faster loading times
Will give you more choice and flexibility when you retire. See your options today
We verify your identity quickly and easily, just like your bank
No forms, printing, or posting letters - everything is done online
Through the Smart Pension app or online, securely and easily with no fuss or commitment. If you are not already contributing to your pension, you can also set up a Direct Debit for regular contributions
Changes to your charging structure
All pension providers, including Smart Pension, charge fees for managing your pension savings. These cover the cost of servicing your workplace pension plan and the underlying investments.
Starting 1 April 2026, we will be making a change to your small monthly flat fee. The fee will rise from £1.85 to £1.95, an increase of 10p per month (i.e. £1.20 per year). Like other companies in the UK, we have faced increased costs in the last year and have tried our hardest not to pass them on. For example, regulatory fees increased by 6.5% during that period.
This change will allow us to continue to invest in improving your member experience, supporting the running of the pension scheme and providing our market-leading customer service.
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Who’s looking after your old pensions?
When you change jobs, you may leave behind pensions that you’re no longer paying into. Why not save time by bringing them all together, so you keep track of your retirement savings and pay less on charges? You’ll always have a clear view of your savings through our easy to use app.
Are your details up to date?
It only takes a moment to ensure your contact details with Smart Pension are up to date. Make sure we have your personal email on file so we can keep you connected with your hard-earned savings.
Why not sign in today to quickly check and update your personal details?
Take control
Retirement might seem far away, but saving for your pension is a journey. Taking control of your retirement planning has never been easier. Get your full pension download today and start planning for a brighter future, in just 20 minutes.
We have best in class Trustpilot reviews
Get in touch
If you have questions about your Smart Pension account, please complete our contact form.
We’re here for you
Our UK Retirement Support Team is here to make retirement planning easier. If you have a question about your options, just give one of our specialists a call.
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