Smart acquires US-based retirement provider

Acquisition of ProManage takes Smart’s AUM to more than £8bn

Jasmine Urquhart
clock • 1 min read
Smart acquires US-based retirement provider

Smart has acquired US-based retirement savings solutions provider ProManage in a deal which takes Smart's assets under management (AUM) to more than £8bn.

Smart said the deal, announced today (31 May), makes it the fifth largest managed retirement savings account provider in the US. The terms of the deal have not been disclosed, but ProManage's le...

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Jasmine Urquhart
Author spotlight

Jasmine Urquhart

Senior Correspondent at Professional Pensions

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