57 articles tagged with this keyword
News/startups
UK-based pensions fintech Jarvis has raised £1.8 million in seed funding in a round co-led by Ascension VC and Cornerstone VC, with participation from Tokio Marine Future Fund.
25 July 2024
News/retail
UK challenger bank Monzo is further diversifying its product range with the launch of a new pension conolidation product that tracks down old pensions and brings them into one fund in the Monzo app.
24 July 2024
News/wealth
UK wealth management firm Intelligent Money has entered administration after agreeing a deal to sell off its business and assets to fellow provider Quai.
29 May 2024
News/regulation
According to a recently released report from the National Audit Office (NAO), the UK government’s Pensions Dashboards Programme (PDP) has been delayed due to a lack of digitally skills and incapacity.
10 May 2024
UK-based online pension provider PensionBee is to expand into the $22.5 trillion Defined Contribution pension market in the US.
04 March 2024
Online pension provider PensionBee is approaching sustainable profitability on an adjusted earnings basis, having moved into the black in October with assets under administration of almost £4 billion.
13 November 2023
News/people
UK digital bank Monzo is plotting a move into the pensions market, recruiting for a product manager to steer the bank's retirement proposition.
14 August 2023
Standard Life is teaming up with Moneyhub to roll out an open finance-powered tool, Money Mindset, to its 1.5 million workplace pension scheme members.
01 June 2023
The UK's wealth management and pensions industry has expressed its disappointment at the announcement of a delay to the much anticipated Pensions Dashboard project
03 March 2023
UK open finance and data platform Moneyhub has topped up a previously announced funding round with a £15 million investment from savings and retirement business Phoenix Group.
20 December 2022
UK digital wealth manager Moneyfarm is buying pension adviser and consolidator Profile Pensions. Financial terms of the deal were not disclosed.
08 December 2022
News/crime
FCA research has found that a quarter of consumers would consider withdrawing pensions savings to cover cost of living in the current crisis. According to the FCA, this renders consumers vulnerable to ‘misdirection’ scam tactics.
07 October 2022
Tumelo, a UK startup that helps investment platforms and pension providers give investors insight into which firms their money is being put into, and a voice on issues such as board diversity and climate change, has raised $19 million.
10 May 2022
Goldman Sachs has agreed to buy NextCapital, a robo-advisor for corporate retirement plan participants. Financial terms were not disclosed.
29 March 2022
British embedded finance network mmob has closed a £5 million seed funding round to finance a move into new markets, including Malaysia.
09 March 2022
News/sustainable
Your money is a weapon. It can either be used to tackle the climate crisis or fan the flames. The United Nations’ climate conference in Glasgow, COP26, says it is time to have a serious discussion about how our money can be deployed to save the world.
03 November 2021
PensionBee and Plaid have come together to expand the remit of Open Banking to the traditionally complex, paper intensive and slow processes associated with pension contributions.
28 October 2021
Open finance partnership platform mmob has added a host of firms, including PensionBee, Upside, and Glint Pay, to its network as it bids to become a 'SuperApp-as-a-Service' provider.
13 October 2021
The UK's Pensions Dashboards Programme (PDP) has selected Capgemini for the delivery of its central technical architecture.
06 September 2021
News/predictions
Fintech firms have been missing a trick by largely ignoring the fastest growing and wealthiest demographic - the over 50s, says VC QED Investors.
29 July 2021
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