London based pension auto-enrolment platform raised the amount from a series of individual investors. Smart Pension has signed up 8,500 employers, and has 60,000 members.
Auto-enrolment newcomer Smart Pension has raised £3.3m in capital from private investors, bringing its total capital investment since launch last year to £5m. Mr Howorth said: “The success of auto enrolment has always been a passion of mine – and key to its success is supporting the millions of businesses and their employees entering the workplace pensions market for the first time.” Smart Pension chief executive Andrew Evans said: “We are on a powerful, upwards trajectory and to be announcing such high quality additions to our board together with a strong investment round at this key stage is a big vote of confidence in our plans to make Smart Pension the most efficient pension provider in the market.”
