Smart Pension and The Lewis Workplace Pension Trust have been authorised by The Pensions Regulator (TPR), taking the total number of approved schemes to 22.
Smart Pension has taken on over 20,000 active members from the £20m Corpad Master Trust, following a strategic review by the ceding firm's trustees.
J.P. Morgan has made a strategic investment in Smart Pension for an undisclosed amount, bringing the master trust's total funds raised to around £50m.
Smart Pension has named Ian Digby as head of regulatory affairs as it continues to significantly expand its team.
Paul Budgen is set to join financial technology and auto-enrolment (AE) firm Smart Pension as director of business development.
Smart Pensions has appointed Anna Eagles as an independent trustee to support its governance as it expands.
Smart Pension is seeking to introduce a mechanism whereby its savers can add to their pension pot when making purchases online or the high street.
Jamie Fiveash will join financial technology and auto-enrolment (AE) firm Smart Pension as its chief operating officer (COO) in the new year.
Smart Pension has named Claire Altman as its first head of financial services, while Andy Cheseldine will take over her role as independent chair of trustees.
Smart Pension has completed a £15m funding round to enable it to offer its services to large clients, acquire sub-scale master trusts, and expand overseas.