UK. Smart Pension surpasses £10bn AUM
Smart Pension has surpassed £10bn in assets under management (AUM), meeting the government’s first ‘scale test’ ahead of the 2030 timeframe. The pension provider manages the pensions of two million members and 100,000 employers across the UK, and described the £10bn AUM mark as a “major milestone”. It is on track to meet the future mandatory scale thresholds, as set out in the Pension Schemes Act, having now surpassed the government’s initial £10bn AUM threshold ahead of the 2030 deadline and...
