Smart Pension has partnered with institutional investment platform and solutions provider Mobius Life to accelerate growth and drive the next phase of its investment strategy.
As part of the partnership, Mobius Life will provide an investment platform for Smart Pension’s £5bn (€5.9bn) assets under management and 1.4 million member pension scheme.
The appointment will connect Smart Pension’s growth plans with Mobius Life’s 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 an investment proposition for Smart Pension members, including meeting its 2040 net zero target and offering more innovative public and private market investments and solutions.
The two providers said they were “closely aligned” in their commitment to innovation and fintech, opening up the full extent of technology-led solutions and investment possibilities.
Paul Bucksey, chief investment officer of Smart Pension, said the partnership with Mobius Life will contribute to Smart’s growth strategy in the UK as well as bringing flexibility and enhancements to its investment proposition.
He said: “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.”
James Finch, chief executive officer Mobius Life, said: “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.”
Finch added that Mobius Life’s appetite to innovate for its clients “directly matches” with Smart Pension.
He said: “We are thrilled to be working in partnership to further develop their pension proposition to deliver better outcomes for members.”
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