Smart Pension's master trust, the Smart Pension Master Trust, is governed by trustees, who make sure it is properly run, and is regulated by the Pensions Regulator. The board of trustees of the Smart Pension Master Trust has over 36 years of experience in pensions between them. The board is chaired by Ruston Smith who has over 30 years' experience in the pension fund and investment industry including 14 years as the Group Pensions Director at Tesco. He's held senior positions with responsibility for strategy, governance, investment and operations for a wide range of UK funds. In 2017, he is co-chaired the Automatic Enrolment Advisory Board for the Department of Work and Pensions (DWP) in 2017, leading on engagement - an issue that is a key point of Smart Pension's long-term strategy. In 2018, he led the initiative to create a simplified annual statement for all schemes and providers to adopt. This uses consistent language and numbers - making it easier for savers to understand their statement.