Smart Pension is named Technology Innovation of the Year at V3 Tech Awards

The award is part of an initiative that recognises rising tech talent in the UK's IT industry

High tech workplace pension provider Smart Pension has been named Technology Innovation of the Year as part of an initiative that recognises rising tech talent in the UK's IT industry.

The fintech firm was amongst some impressive winners at the V3 Technology Awards, announced this week, including Microsoft's Quest, Oracle Analytics, Symantec and IBM security product Resilient.

It was also up against some stiff opposition in its category including robotics company Blue Prism, SD-WAN solution firm Silver Peak and Toshiba TEC, the IT solutions arm of the Toshiba Corporation.

Will Wynne, co-founder and MD of Smart Pension said: "We have used technology to transform and simplify the way the pensions industry works, making it both more affordable and more efficient for businesses to provide a workplace pension for their staff.

"As a consequence, we are the fastest firm in the marketplace to sign up with and we are seeing a new firm enrol their staff every seven minutes. We are now helping more than 300,000 people save for their retirement.

"It's wonderful to have had such great support from our customers that voted in their droves for us – and adds to the sundry sparkly awards we have collected this year which sit proudly on a shelf in our office."

The shortlist for the awards was put to the public vote, with Smart Pension gaining the most support from customers in its category, which was part of V3's Movers and Shakers section.

The accolade adds to the five awards already won this year by the auto enrolment platform. These include FinTech Innovation of the Year and Overall Winner at the Digital Leaders awards in June.

Smart Pension's 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.

It has an average score of 4.4 out of 5 in Google reviews from its customers.

About Smart Pension

Launched in 2015, Smart Pension exceeds £5bn 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.