Smart Pension appointed by New Ireland Assurance to deliver Irish pensions platform

Jonathan Stapleton reports...

Smart Pension has been appointed by Irish insurer New Ireland Assurance to provide it with a technology platform following an international competitive tender.

The partnership will see Smart Pension build a new technology platform for New Ireland to help it transform its pension offering for brokers and financial advisers ahead of the implementation of the IORPS II directive and the Irish government’s roll out of auto-enrolment in 2022.

New Ireland’s newly-formed master trust will complement its new offering – ensuring a tech-enabled product and service to employers, employees and advisers.

The new platform is due to be rolled out in 2019.

Smart Pension director of international Dan McLaughlin said: “We are excited and honoured to be working with New Ireland Assurance. By updating and future-proofing their technology now, they are showing their commitment to continuing to deliver a highly effective, modern service for their customers.”

Co-founder and managing director Will Wynne added: “This is the first of our international platform deals and a fantastic opportunity for us to demonstrate how our proprietary dynamic technology can perform on a global scale.”