Smart Pension joins Dashboard Operators Coalition

The company, which has more than 1.4 million pension savers, will join the group working with government and regulators to help support the successful launch of multiple dashboards for UK consumers. Other members of the coalition include Legal & General, Aviva and Scottish Widows.

Smart Pension’s recent Delivery 2030 paper, outlining a blueprint for the Government to transform the pension system in the UK, highlights the importance of dashboards becoming trusted sources of information, including the ability (over time) for savers to easily understand the ‘adequacy’ of their total retirement savings. Enabling Smart Pension’s 1.4 million members to easily see their total pension position on a Qualifying Pensions Dashboard Service accessed from the Smart Pension app will help contribute to building this trust. 

 Jamie Fiveash, Smart UK Chief Executive Officer, said:

“Technology and innovation have always been at the heart of what we do at Smart Pension – we’ve proved they have the power to simplify pension saving for members and employers, and we’re excited to be part of a collaborative approach to the rollout of a commercial dashboards network for the benefit of all UK savers. We’re looking forward to working together to implement a revolutionary dashboards ecosystem, with a particular focus on simplicity and better financial outcomes for members.”

About Smart Pension

Launched in 2015, Smart Pension now exceeds £10bn in Assets Under Management (AUM) and serves over 2 million members and 100,000 employers. It is powered by Keystone, Smart’s global savings and investments technology platform.

Aquiline, Barclays, Chrysalis Investments, DWS Group, Fidelity InternationalStrategic Ventures, J.P. Morgan, Legal & General Investment Management, MUFG and Natixis Investment Managers are all investors in Smart Pension.