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Smart Pension launches SME auto-enrol platform

Smart Pension has launched an auto-enrolment proposition that allows small businesses to set up schemes free of charge “in minutes”.

The firm – backed by investors behind online businesses such as Zoopla and Secret Escapes – says its new platform allows the 1.3 million employers yet to hit their auto-enrolment staging date to set up schemes digitally with immediate confirmation.

Employers are not charged for the service, while employees will be charged a 0.75 per cent annual management charge once enrolled.

Smart Pension co-founder and managing director Will Wynne says: “Our platform was designed to be highly intuitive and quicker than anything else in the market, importing data feeds automatically and cutting out the complicated manual checking and paperwork that hold up old fashioned paper-based processes.”


Keith Richards: Advice sector has reached a reputational turning point

The last year has witnessed significant and positive strides in the perception and value of advice. One of the key aims of the RDR was to improve consumer confidence through increased professionalism and transparency. The FCA’s latest thematic review on the subject provided much evidence this was being achieved, thanks in no small part to […]


Govt confirms cash for annuities plans

The Government has confirmed it is to launch a consultation on how to extend pensions freedoms to savers who have already purchased an annuity as part of this week’s Budget. In a statement published yesterday, the Treasury says it aims to allow pensioners to sell on their annuities from April 2016. The returns can then […]


Wells Street Journal: Aviva goes AWOL

There was a time when Aviva spokespeople could be found gracing the pages of the trade and national press, but in recent months sightings of key commentators have become as rare as an interesting ABI press release. As Budget day and the prospect of a second hand annuity market approached, the firm shut up shop […]


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