Options scheme to transfer assets to Smart Pension Master Trust

Up to £545m to be transferred from Options scheme to Smart Pensions Master Trust in bulk transfer

Jasmine Urquhart
clock • 1 min read
Options scheme to transfer assets to Smart Pension Master Trust

The Options Workplace Pension Trust (OWPT) is set to see its assets transfer to the Smart Pension Master Trust, following a deal with the scheme owner STM Group.

The newly signed commercial agreement means up to £545m in assets will be moved in a bulk transfer exercise, subject to approval from The Pensions Regulator, with more than 300,000 members set to b...

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Jasmine Urquhart
Author spotlight

Jasmine Urquhart

Senior Correspondent at Professional Pensions

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