Smart Pension, the UK’s only fintech master trust, has won the highly coveted ‘Master Trust Offering of the Year’ Award at the Pension Age Awards 2020.
The best of the pensions and investment industry were recognised for their work throughout 2019 at a prestigious ceremony in London on Thursday 27 February 2020.
The shortlist for ‘Master Trust Offering of the Year’ featured some of the largest schemes in the UK, including government-backed, Nest. Other shortlisted master trusts were schemes such Legal & General, Aviva, The People's Pension, Atlas, Citrus, SEI, TPT Retirement Solutions and Workers Pension Trust.
Commenting on the win, Darren Philp, Director of Policy and Communications at Smart Pension, said:
“To be named as ‘Master Trust Offering of the Year’ in a year where there's been a lot of scrutiny of master trusts, including the introduction of a new authorisation regime, is a fantastic achievement and one that we are proud of. We put a lot of emphasis on strong governance, innovation, customer service and our use of technology, and we are pleased that the judges recognised our achievements over the past year.”
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.