Smart Pension has been praised for 'setting the standard and pace for tech in pensions' as it picked up a prestigious industry award for its technology this month.
Judges at the Pensions Insight DC Awards remarked that 'Smart's commitment to technology is moving the whole industry in the right direction' and added Smart 'was setting the standard and pace for tech in pensions'.
The digital workplace pension provider was awarded the Best Use of Technology accolade ahead of other finalists including LV= PensionPlan in the awards held on November 15.
Will Wynne, co-founder and MD at Smart Pension, said: "It's great to hear the judges speak so highly of our platform and our commitment to finding technology-led solutions to age-old industry problems."
"Our app and Alexa skill give savers a higher level of instant interaction in real time with their retirement savings than has ever been possible."
"This, in turn, is helping people to engage more in the long term and save more, creating better retirement outcomes for our members. That said, we are only just getting started. We are excited about what's coming in the next twelve months and beyond."
The award adds to the firm's already-impressive collection of accolades including Best Master Trust Offering of the Year in the European Pension Awards 2018 and Fintech Innovation of the Year and Overall Winner in Digital Leaders 100 awards 2017.
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.