Smart Pension

What lies ahead for UK pension savers? Our latest research reveals that 49% of workers believe economic challenges will affect their retirement plans. We found that women are more concerned than men, with 55% expressing worries about their financial future. This is just one insight from our comprehensive report on pensions and retirement.  Be the first to know when our report launches >> https://lnkd.in/eCamWS2j

It was a pleasure to host a financial education session at Smart Pension's London offices last night for #MakingtheLeap's Future Ambassadors Program. It's never too early to start thinking about saving for retirement, and it was great to see this motivated group of young people engaging with the topic. A big thank you to everyone involved!  

Whilst most of us might only like traffic lights when they're green (yep, definitely me🙋♀️), I'm hoping this morning's PASA conference panel prompted our audience to consider why amber and red might have a role to play in the world of VFM. Fascinating insights and thoughts from my fellow panel members included Mike Ambery's "we don't want every scheme to be green as it means we're not taking the opportunity to creating positive change" and Sophia Singleton's "consistency of approach between regulators is important" (shoddy paraphrasing all my own work). A few takeaways from my perspective: 📈 there is risk that given the quantitative nature of the investment metrics that performance becomes a very dominant driver and improvements in support and administrative services don't receive enough focus 📊 EBCs carry great responsibility in using the outputs of VfM to ensure that there is an appropriate and balanced focus on measures which are most likely to produce strong member outcomes 🚦perhaps we need to straddle the chasm between the c500 measures and the (overly) simplistic RAG status with a short summary which draws out the key metrics that are most likely to align with positive impact for members? In summary, we all agreed that this will produce improvements in member outcomes. Thanks to Jessica Rigby FPMI for superbly and unflappably chairing the panel session and PASA - Pensions Administration Standards Association CIC for inviting me to join the panel. I'm sure there will be plenty more discussion to come on this topic as it develops further!

Did you know the average UK worker will have 11 different jobs in their lifetime? Our latest pension calculator update gives Smart Pension members a clear view of their pension savings from all of their providers, complemented by in-app reminders and yearly nudges to help savers stay on track, making pension planning simpler, more accessible, and less daunting. We're focused on building customer-centric technology that helps savers manage their financial future with confidence. Read our blog to find out more >> visit.smart.co/4hI9E5l

“I like traffic lights, but only when they’re green.” – Monty Python. When it comes to DC value reporting, red and amber ratings are just as important. The Financial Conduct Authority's 2024 VFM Consultation introduces a RAG rating framework that goes beyond investment performance and costs, incorporating service quality metrics. But what does this mean for schemes, providers, and the wider DC market? Smart Pension’s Senior Director of Strategic Delivery Eve Read, will be at the PASA annual conference discussing how value for money is more than just costs and charges today.

With dashboards on the horizon and consolidation reshaping the landscape, how will trustees navigate the evolving standards of pension scheme governance? Smart Pension's Trustee Director and Chair of the PASA, Kim Gubler, will be at the PASA - Pensions Administration Standards Association CIC annual conference discussing uncharted territories and new possibilities on Monday.

Our key findings report is here! We surveyed more than 2,500 workers from all generations, across the UK about their views on pensions and retirement. Ahead of the release of the full report, read our key findings on: – what Gen Z thinks when it comes to savings and pensions – why women and men view retirement planning differently – how economic pressures are shaping pension decisions – what employees really want from their workplace pension Do you know what’s really driving UK pension savers’ decisions? Read our report now >> visit.smart.co/4bLGZLk

Big news: Smart Pension has officially passed 1.5 million members, and we’re on track to pass 2 million by the end of 2025. Jamie Fiveash, CEO of Smart Pension noted: “We’re set to continue on this path to achieve even greater scale whilst ensuring innovation thrives and maintaining the best customer service among our competitors.” Thanks to Corporate Adviser for covering this in more detail >> visit.smart.co/4bVSjV5

𝗞𝗘𝗬𝗡𝗢𝗧𝗘 𝗦𝗣𝗘𝗔𝗞𝗘𝗥 𝗖𝗢𝗡𝗙𝗜𝗥𝗠𝗘𝗗 - 𝗜𝗠𝗣𝗔𝗖𝗧 𝗜𝗡𝗩𝗘𝗦𝗧𝗜𝗡𝗚 𝗙𝗢𝗖𝗨𝗦 (𝟮𝟬/𝟬𝟯) We are excited to welcome Fiona Smith, CFA from Smart Pension as our newest keynote speaker! Join us at the British Film Institute (BFI) Stephen Street in London for an in-depth morning exploring key investment strategies empowering positive social and environmental change. 📅 Date: 20.03.2025 🕗 Time: 8:30 am - 1:30 pm 🏨 Location: BFI Stephen Street, 21 Stephen St, London W1T 1LN ℹ️ More Info: https://lnkd.in/gz94sGgw 🔗 Register: https://lnkd.in/gQZKApju 💬 Masterclass sessions hosted by: 💠 Jeroen Bos, CFA, CAIA and M. Claudia Sanchez Buenaventura from AXA Investment Managers 💠 Jérôme Kamm and Ben Edwards, CFA, CAIA from Hamilton Lane Register now to secure your place! #pensions #institutionalinvestors #investment #impact #esg #assetmanagement #mallowstreet #networking #london

Join us for a 30 minute webinar for umbrella companies, hosted by Freelancer & Contractor Services Association (FCSA) on 25 March 2025 at 10:30am. Hear information on how to get the most out of your pension scheme, engaging with your contractors, our award-winning investment strategy and onboarding. James Lawrence, CFA, James Mills, Naomi Miller, Richard Goldring and Sofie Petts-Sabine will be on the panel sharing their expertise. https://lnkd.in/eBNvGFy7