Smart Pension completes consolidation of Crystal Trust assets

Consolidation sees over 130,000 members and £880m of assets transferred

Jonathan Stapleton
clock • 1 min read
Jamie Fiveash: Full scheme transitions and consolidations of this size are not straightforward
Image:

Jamie Fiveash: Full scheme transitions and consolidations of this size are not straightforward

Smart Pension has consolidated the Crystal Trust – the master trust it acquired from Evolve Pensions last year – into the Smart Pension Master Trust.

The Crystal Trust had over 130,000 members, over 1,400 employers and more than £880m in assets under management. Smart Pension's acquisition of the Crystal Trust represented one of the largest m...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Contribution

LifeSight hits £1bn in drawdown assets

LifeSight hits £1bn in drawdown assets

Growing numbers of members choosing to stay with master trust as Gen DC start to retire

Jonathan Stapleton
clock 16 September 2025 • 1 min read
Most DC members will be 'better off' in future, SPP says

Most DC members will be 'better off' in future, SPP says

Polling finds one quarter think members will be better off in five years

Jasmine Urquhart
clock 05 September 2025 • 1 min read
Under half of employers have reviewed their pension schemes in the last year

Under half of employers have reviewed their pension schemes in the last year

One in ten employers have never checked to see if scheme offers value for money

Martin Richmond
clock 02 September 2025 • 2 min read
Trustpilot