Your Smart Pension pot

Smart Pension is a workplace master trust. It does not publish one charge: the charge depends on your employer's arrangement and is shown when you sign in. Its Smart Retire service offers drawdown inside the scheme, and annuities come through a partner.

Who runs it

The Smart Pension Master Trust is authorised and supervised by The Pensions Regulator. Smart Pension Limited states that it does not give financial advice and is not regulated by the FCA.

What it charges

Smart says its charges depend on your employer's arrangement. Members may pay a small monthly fee, which is not taken where combined savings are £100 or less. The charge that applies to you is shown in your Smart account.

Taking money out

Drawdown inside the scheme, through Smart Retire: up to 25% tax-free as one lump sum, with the rest staying invested.
Lump sums, as a small pot payment for £10,000 or less, or as cash from a larger pot.
Annuities are bought from another insurer. Smart refers members to Pension Potential for this.

Moving it to another provider

Smart's site describes moving pensions in. It makes no statement on a charge for moving money out, so ask before you instruct a transfer.

Getting hold of Smart Pension

Your account: smartpension.co.uk, then sign in.
Help: The member help centre and contact form on smartpension.co.uk. Support runs on weekdays and closes at weekends.

Checked on 2 October 2026 against smartpension.co.uk and The Pensions Regulator's list of master trusts. Phone numbers, charges and options change, so check the provider's own site before you act.

The charge on a Smart pot is set with your employer, so two members can pay different amounts for the same fund.

Where this fits

Comparing a Smart pot with your other pensions starts with the charge in your account.

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The advisers for this subject

Sunny Bharj

Independent Financial Adviser

Tony Springer