Glossary · UK
What is Smart Pension?
A commercial master trust pension provider offering workplace pension schemes to employers.
Full Definition
Smart Pension is a commercial master trust pension provider that employers can use to meet their automatic enrolment duties, offering online administration for both employers and members alongside a range of default and self-select investment funds. It competes with Nest and The People's Pension in the master trust market and, like them, must be authorised by The Pensions Regulator to operate as a master trust.
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Disclaimer: Definitions are for guidance only. For decisions about your tax, savings, property or pension situation, always consult a qualified professional or refer to gov.uk.