With the huge number of employers who still need to comply investment into solutions which work should be encouraged, as long as the solutions which are being invested in remain sustainable and continue to support the market over the longer term.” james.fernyhough@ft.com Legal & General Investment Management (LGIM) has announced a strategic investment in Smart Pension to broaden its offering for small pension schemes going through the auto-enrolment process. The company will invest an undisclosed amount of money into SmartPAC, which is set up as part of the government Emma Douglas, head of LGIM’s defined contribution pensions division, will be appointed as a non-executive director of the fintech firm.
Legal & General Investment Management (LGIM) has announced a strategic investment in Smart Pension to broaden its offering for small pension schemes going through the auto-enrolment process. The company will invest an undisclosed amount of money into SmartPAC, which is set up as part of the government Emma Douglas, head of LGIM’s defined contribution pensions division, will be appointed as a non-executive director of the fintech firm.