The Pension Regulator's Master Trust engagement lead has joined Smart Pension as Head of Regulatory Affairs
The Pension Regulator's (TPR) Master Trust engagement lead has joined Smart Pension as Head of Regulatory Affairs.
Ian Digby has worked with the regulator since 2013 as industry liaison manager for Master Trusts, supporting them through automatic enrolment, the development of the Master Trust Assurance Framework (MAF) and new authorisation and regulatory requirements.
He will be working with the technology-based defined contribution Master Trust, using his regulatory expertise to help build its growing employer base even further.
Ian said: "I've been extremely impressed with how Smart Pension has put technology at its core. Linking seamlessly with payroll and existing (and future) business systems is fundamental to any firm, whatever its size."
"Technology has given Smart Pension the speed and agility it needs to lead the pensions innovation timetable whilst successfully absorbing hundreds of thousands of savers."
"I'm looking forward to working with the Smart team."
Andrew Evans, Smart Pension CEO and co-founder, said: "Ian is the go-to industry expert in the regulation affecting Master Trusts. He has seen how the industry has handled workplace pensions from the inside. Ian will be a valuable asset and as we move towards the changes in TPR's authorisation criteria, his deep industry knowledge will be very useful indeed."
The firm's award-winning, highly automated platform harnesses time-saving applications to allow fast, seamless auto enrolment with a sign-up and onboarding process that takes just a few minutes from start to finish. It is free to employers and has an AMC-only charging structure for members that is transparent with no upfront or hidden costs.
It is MAF-accredited and has been awarded a 5-star Defaqto rating for the last three years. In June 2017 it was named as Fintech Innovation of the Year and overall winner in the Digital Leaders 100 Awards.
It has an average score of 4.4 out of 5 in Google reviews from its customers.
Launched in 2015, Smart Pension now exceeds £6bn in Assets Under Management (AUM) and serves over 1.4 million members and more than 70,000 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.