Workplace experience and facility management firm ISS UK has appointed Smart Pension to provide an occupational pension scheme to 62,000 members.

The appointment represents £200m in assets under management moving to Smart Pension across 19,000 active and 43,000 deferred employees.

ISS UK’s employees will be moved from a single-employer trust-based scheme to the Smart Pension Master Trust, with the aim of benefitting from a more sustainable investment approach and real-time pension access.

Smart Pension currently manages more than £4bn of assets on behalf of nearly 1.5 million members across over 70,000 employers.

ISS UK & Ireland head of pensions, Dave Marsh, said the firm was pleased to appoint Smart Pension to provide a workplace pension that invests its workers’ pension savings sustainably, “provides great value for money, as well as tremendous service and support”.

“Smart Pension offers huge amounts of flexibility and first-class technology to make life simple, as well as additional benefits and rewards for our employees,” he added.

Smart Pension chief investment officer, Paul Bucksey, commented: “We are delighted to be appointed by one of the largest facility management companies in the UK.

“This appointment is testament to the quality of the Smart Pension Master Trust, as well as Smart Pension’s innovative and engaging technology, available to its one million plus members.

“ISS’s employees now have access to an award-winning pension scheme, including Smart Retire, sustainable investment options and a number of other financial wellbeing offerings.”

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