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Sarah Smart

Sarah has spent most of her career in the financial services sector. Having qualified as a Chartered Accountant, she moved into investment management where she focussed on strategic business development, including the development of liability-driven and absolute return investment solutions for institutional investors.

Since moving to a portfolio career in 2008, Sarah has held a number of non-executive and trustee positions in the financial, pensions and social investment sectors. In 2021 she became Chair of The Pensions Regulator, having served as Chair of the Audit and Risk Assurance Committee there since 2016. She has also chaired the Audit Committees for Big Society Capital and UK Athletics and chaired the Risk Committee for the London Pension Funds Authority.

Sarah was the Lead Reviewer for the Tailored Review of the Health and Safety Executive in 2018 and in 2022 sponsored a project on Diversity in Public Appointments with the Public Chairs Forum.

Register of Interests

1 Companies, partnerships, trusts or other bodies of which you are a paid employee. Non-executive Director of The Pensions Regulator (not strictly an employee, but an officer of the organisation).
2 Companies and organisations in which you or your family or close associates: Sarah Smart:
Director of SmartCats Consulting Ltd
Director of Hood Investment Analytics Ltd
Director of MJ Hudson FidesIQ Ltd

Fraser Smart:
Director of SmartCats Consulting Ltd

Director of Heywood Ltd
a) has/have a controlling interest, or
b) is/are a Director or Partner, or
c) has/have shares or securities with a nominal value of more than £25,000 or one hundredth of the total issues share capital, and
d) could be involved in the supply of goods or services to, or have business dealings with the ONR
3 Non-profit making organisations (e.g. charities, housing associations) where you or your close family are Trustees, or on the Committee of Management or other controlling body and which might receive grants, carry out activities designed to promote or develop the organisation, or have other significant dealings with the ONR. None
4 Any land or property in which a member has a direct interest and is clearly within ONR's sphere of activities. None
5 Membership of local authorities, health authorities and trusts, the Magistrates Bench, and relevant voluntary sector bodies. None