Provider comparison
People's Pension vs Smart Pension
Side-by-side comparison from the PerkIQ directory. Cover, pricing, regulator status, and fit at a glance.
Category
Pension & Retirement
Pension & Retirement
Best for
Businesses of all sizes
Businesses of all sizes
Pricing model
On request
Depends on employer size and set-up route
UK presence
Since 2012
UK master trust
Regulator
Master trust authorised by The Pensions Regulator
Master trust authorised by The Pensions Regulator
Strapline
The People's Pension is a workplace pension master trust run by People's Partnership, a provider with no shareholders.
Smart Pension runs a workplace pension master trust with a digital set-up for employers and an app for members.
What's included
- Master trust. A trust-based workplace pension run by a trustee board.
- Payroll integration. Connects with payroll to send contributions.
- No shareholders. Provided by People's Partnership, which reinvests what it makes.
- Online employer account. Employers manage enrolment and contributions online.
- Online set-up. Employers set up and run the scheme online.
- Member app. Employees check and manage their pension in an app.
- Payroll integrations. Connects to payroll software including Xero, Sage and IRIS.
- Fund choice. A default fund plus other options, including responsible investment funds.
At a glance
- Authorised by The Pensions Regulator
- Provided by People's Partnership
- Launched 2012
- No shareholders
- Authorised by The Pensions Regulator
- Digital set-up
- Member app
- Payroll integrations
Pick the right one with data, not a sales pitch
Score your benefits stack with PerkIQ and you'll see which of these (or another provider entirely) closes the biggest gaps for your team.
Information on this page is editorial, gathered from public sources and the providers' own materials, and does not constitute financial advice or a recommendation. For a quote, contact each provider directly or speak to an FCA-authorised broker. PerkIQ is not a reseller and earns no commission on provider sign-ups.