Smart, the global platform provider behind the Smart Pension Master Trust, has today announced Jamie Fiveash as the UK Chief Executive Officer (CEO). This follows recent changes in roles for Andrew Evans and Will Wynne to Group CEO and Group MD, respectively.
Fiveash joined Smart as the Chief Operating Officer (COO) in 2017. During this time he has seen Smart Pension granted Master Trust Authorisation by The Pension Regulator, seen scheme growth from £100m to nearly £1billion assets under management (AUM), which included leading a number of Master Trust mergers, including Welplan. He has also helped form a number of key strategic partnerships, including the Link Group as part of the company’s Series C funding round.
Andrew Evans, Group CEO of Smart, says:
“As an expert on the UK pensions market, we are confident that Jamie will lead our home country successfully through its continued period of growth and secure a significant proportion of the UK Workplace Pensions market onto the Smart Platform.”
Jamie Fiveash, UK CEO of Smart, says:
“I’m delighted to take on this new role here at Smart, as the business grows from a pensions business to a global retirement savings platform provider. Our modern purpose built platform addresses a significant gap in the UK DC pensions market and our opportunities here are vast.
“A key part of my role will be to ensure we focus clearly on obtaining and developing the right strategic deals and partnerships, to ensure we continue to deliver value to our clients and help transform the wider pensions market”.
Fiveash joined Smart from B&CE - the providers of The People’s Pension, where he was an Executive Director and held a number of roles including Chief Operating Officer. He was also previously a Non-Executive Director of the PLSA Board.
Founded in 2014, Smart has evolved from its roots as a UK master trust business, now with more than £900 million assets under management, to a rapidly growing and respected global technology company providing retirement and financial wellbeing platforms.
Smart is a global savings and investments technology provider. Its mission is to transform retirement, savings, and financial well-being, across all generations, around the world.
Smart partners with financial institutions (including broker-dealers, RIAs, retirement providers, insurers, asset managers, banks) and financial advisers to deliver retirement savings and income solutions that are digital, customized, and cost-efficient.
Smart, founded in the UK, operates in the USA, Europe, Australia, and the Middle East with over a million savers and over $5 billion in assets. Smart saw over 2,000% growth in assets on its platform since 2018.
Legal & General, J.P. Morgan, Fidelity International Strategic Ventures, Link Group, Barclays, Natixis Investment Managers, Chrysalis Investments, DWS Group and Aquiline Capital Partners are all investors to date in Smart.
For more information, please visit www.smartretire.com.
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