Rising workplace pension star Smart Pension has appointed Jamie Fiveash, the chief strategy and marketing officer at The Peoples Pension (TPP) to its top team.
Fiveash, who was one of the Auto Enrolment (AE) pioneers that drove not-for-profit B&CE to go beyond the traditional construction pension market to create TPP in 2012, will join as COO in the new year.
Jamie's appointment comes at a time of expansion for fast-growth fintech firm Smart Pension; earlier this month the workplace pension provider announced it had appointed Claire Altman as its first head of financial services and industry stalwart Andy Cheseldine as independent chair of its trustee board.
"I am very proud of what was achieved during my many years at B&CE."
"However after 22 years, I felt it was time for a change and I am delighted to be joining Smart Pension at a very exciting time in the company's development. In this digital age, those who can truly put technology at the forefront will win out in the end and Smart Pension is demonstrating it has the capability to disrupt the pensions market for the benefit of all consumers. I am thrilled to be appointed to this role and I am looking forward to the many challenges and opportunities that go with it."
Andrew Evans, co-founder and CEO of Smart Pension, said:
"Jamie is a pioneer. He has taken auto enrolment at TPP through from conception to birth to produce one of the biggest players in the AE market.
"We've always been impressed with Jamie's unswerving drive and ambition as well as his ability to deliver scale and sustainability. This, as well as his work at the Pension and Lifetime Savings Association (PLSA) and his regulatory calibre, delivers to us the credentials and experience we need for Smart Pension's next phase of expansion."
Will Wynne, co-founder and MD said:
"Jamie knows the pensions market inside and out. He lives it and breathes it. We're delighted he's agreed to join our fintech firm as we continue to challenge the market with our technology."
As chief strategy and marketing officer at B&CE, Jamie was most recently responsible for the firm's strategy, marketing and product development. He had previously held a number of other posts including chief operating officer and compliance officer. He was also executive director of People's Financial Services Limited, B&CE Financial Services Limited and B&CE Insurance Limited. He is also a non-executive director of the PLSA and sits on its DC Council.
Smart Pension now sees a business join every seven minutes and welcomes 1,000 new members a day as auto enrolment reaches its final phase of roll out. It now runs workplace pensions for over 60,000 firms and 300,000 members.
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 every year since it was launched. In June is 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 exceeds £4bn in assets under management (AUM) and now serves over one million members and more than 70,000 employers. It is powered by Keystone, Smart’s global savings and investments technology platform.
Aquiline Capital Partners, Barclays, Chrysalis Investments, DWS Group, Fidelity International Strategic Ventures, J.P. Morgan, Legal & General Investment Management, Link Group and Natixis Investment Managers are all investors in Smart Pension.