Smart, the provider behind the Smart Pension Master Trust, has today announced Jamie Fiveash as UK chief executive officer (CEO), following recent changes in roles for Andrew Evans and Will Wynne to group CEO and group MD respectively.
Fiveash joined Smart as chief operating officer in 2017, since when Smart Pension granted Master Trust Authorisation by The Pension Regulator and has grown from £100m to nearly £1billion assets under management (AUM). He has also been involved in leading a number of master trust mergers, including Welplan and helped form a number of key strategic partnerships, including the Link Group as part of the company’s Series C funding round.
Evans 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.”
Fiveash 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.