Tech-led workplace pension provider Smart Pension appoints award-winning platform Mobius Life to accelerate growth and drive next phase of investment strategy
Smart Pension, the UK’s tech-led workplace pension provider, today announces a strategic partnership with leading institutional investment platform and solutions provider Mobius Life. As part of the partnership, Mobius now provides the investment platform for Smart Pension’s £5bn Assets Under Management (AUM) and 1.4 million member-strong pension scheme, following the successful implementation onto the Mobius platform.
The appointment will connect Smart Pension’s ambitious growth plans with Mobius' award-winning portfolio administration technology and expertise to drive the next phase of Smart Pension’s investment strategy. It will deliver the flexibility and choice required to continue building a market-leading investment proposition for Smart Pension members, including meeting its 2040 net zero target and offering more innovative public and private market investments and solutions.
Smart Pension and Mobius are closely aligned in their commitment to innovation and fintech, opening up the full extent of technology-led solutions and investment possibilities.
Smart Pension serves over 1.4 million members in the UK with fast, secure and sustainable workplace pensions. Mobius’ flexible platform allows clients to develop and deploy bespoke investment solutions, combining strategies from the world’s leading asset managers, including access to private market assets.
Paul Bucksey, Chief Investment Officer of Smart Pension, said:
“This partnership with Mobius will contribute to our growth strategy in the UK as well as bringing flexibility and enhancements to our market-leading investment proposition. This includes our 2040 net zero target and our ambition to provide a well diversified portfolio across public and private markets. We’re confident that in Mobius we’ve found the best partner that will bring enhanced capability for our members and we look forward to working together.
“We’re very proud of our fintech heritage at Smart Pension and this collaboration embodies what’s possible when two leading fintechs come together to develop the best pension solution for members.”
James Finch, CEO of Mobius Life, said:
“Our appetite to innovate for our clients directly matches with Smart Pension and this is a fantastic opportunity to support their ambition to continue providing a market-leading pension offering to their members.
“As Mobius celebrates its 10-year anniversary of innovation in investment administration and solutions, we are delighted to welcome Smart Pension to the Mobius platform.
“Our appetite to innovate for our clients directly matches with Smart Pension. We are thrilled to be working in partnership to further develop their pension proposition to deliver better outcomes for members.”