05 October 2018
Smart Pension has been shortlisted for Investment Week's 2018 Sustainable & ESG Investment Awards in the Best New Entrant category.
The digital workplace pension provider has been selected for its rapid progress in embedding Environment, Social and Governance (ESG) investment disciplines for members.
Smart members can already self-select the Smart Ethical Global Equity Index Fund through their online portal or via the smartphone app. In addition, in the next couple of months, Smart will be launching a self-select ESG option that will be built using Legal & General's Future World Index Fund range. The new self-select option will offer a broader range of geographies than the existing ethical fund and will more closely mirror the current asset allocation of the Smart Growth Moderate default fund. ESG will also continue to be an integral part of both accumulation and decumulation pathways for Smart members.
Rachel Neill, Smart's head of ESG said: "We're delighted to have been shortlisted for these awards at such an early stage in our development of this element of our investment offering."
"As a tech firm, we are constantly focused on how we can use technology to create a sustainable future. Once we launch these funds, our members will be able to switch their investments into ESG funds via an app on their tablet or phone. As a business, we have committed to truly integrating ESG investments into our offering long-term."
The firm is up against Heartwood Investment Management and Tribe Impact Capital in the category, the winners of which will be announced at the end of November.
Notes to editors
ABOUT SMART PENSION:
Smart Pension is a global savings technology platform provider. It is also one of the UK's largest providers of workplace pensions. Its award-winning master trust is MAF-accredited and overseen by independent professional trustees. It was co-founded in 2014 by Andrew Evans, CEO, and Will Wynne, MD, and launched in May 2015. Europe's second largest asset manager Legal & General Investment Management (LGIM) took a minority stake in the digital pension platform in 2016, part of a move by LGIM to invest in high-achieving, innovative technology that has a positive impact on the wider economy. In June 2017 it was named Fintech Innovation of the Year and overall winner in the Digital Leaders 100 awards, in June 2018 it was named as Master Trust of the Year at the European Pension Awards. www.AutoEnrolment.co.uk