Pensions management

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/people

HUB Group appoints abrdn's Rob Hudson as chief commercial officer

Fintech business HUB Group has appointed Rob Hudson into the new role of Chief Commercial Officer.

Tumelo raises $19m

/startups

Tumelo raises $19m

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.

/retail

Penfold signs up 100 UK businesses

Penfold, the digital pensions platform, today announces the launch of its workplace pension and has already signed over 100 UK businesses and over 5,000 workplace members, bringing their total membership up to 45,000 savers.

/people

PensionBee appoints former Klarna exec Lara Oyesanya to the board

Leading online pension provider, PensionBee, is pleased to announce the appointment of Lara Oyesanya to the Board as a Non-Executive Director.

/retail

PensionBee Q1 trading in-line with guidance

PensionBee Group plc ("PensionBee" or "the Company"), a leading online pension provider, today announces a trading update for the quarter ending 31 March 2022.

/people

PensionBee publishes gender pay gap figures

PensionBee, a leading online pension provider, has revealed a median hourly pay gap of just 1.6%, and a median bonus pay gap of 0% among its staff, as at 31 December 2021.

/retail

HUB Group unveils Pension Buddy

HUB Group, the corporate solutions and advisory subsidiary of Just Group plc has today launched Pension Buddy – an interactive digital service designed to enable employers, pension scheme trustees and corporate partners to offer a financial wellbeing service to their colleagues and members.

/retail

PensionBee turns to Oracle NetSuite

PensionBee, a leading online pension provider, is using Oracle NetSuite to support its mission to simplify pensions and help people take control of their retirement. With NetSuite, PensionBee has been able to take advantage of an integrated business platform to automate resource-intensive financial processes, streamline the management of internal controls and compliance, and unify and analyse financial data to enhance planning and decision-making.

Goldman Sachs to buy pension robo-advisor NextCapital

/wealth

Goldman Sachs to buy pension robo-advisor NextCapital

Goldman Sachs has agreed to buy NextCapital, a robo-advisor for corporate retirement plan participants. Financial terms were not disclosed.

/retail

PensionBee made available to sole traders in Starling marketplace

PensionBee pensions are now available to sole traders, in addition to the owners of limited companies, through the Starling Business Marketplaces.

/wealth

Wealth at Work group acquires digital agency - DBD Digital

The Wealth at Work group - a leading financial wellbeing and retirement specialist has acquired Death by Design Limited (DBD Digital), a technology firm based in Alderley Edge, Cheshire.

Embedded finance network mmob raises £5m

/startups

Embedded finance network mmob raises £5m

British embedded finance network mmob has closed a £5 million seed funding round to finance a move into new markets, including Malaysia.

/cloud

Canada Life Group goes live with Temenos Multifonds

Temenos, the banking software company, today announced that Canada Life UK - a subsidiary of Canada Life Group - has gone live with Temenos Multifonds to support its UK investment accounting operations.

/people

Aviva appoints Tumelo CEO Georgia Stewart to Independent Governance Committee

Aviva has today announced the appointment of Georgia Stewart to its Independent Governance Committee (IGC) as a non-independent member*. Georgia is a co-founder and CEO of Tumelo, a company which inspires and enables pension members to engage with companies they are invested in on issues they care about, such as gender equality, human rights, and climate change. Georgia replaces Robert Talbut who stepped down from Aviva’s IGC at the end of 2021.

/startups

Scottish fintech Guiide raises investment

Scottish fintech Guiide has undertaken another round of funding for further innovations based on its retirement planning platform.

/retail

Penfold joins Starling marketplace

Penfold, the digital pensions platform, has today announced they have been added to Starling Bank’s Personal Marketplace, allowing customers to set up a Penfold pension through the Starling app in a matter of minutes.

/retail

Pensions platform Penfold joins Starling marketplace

Penfold, the digital pensions platform, has today announced they have been added to Starling Bank’s Personal Marketplace, allowing customers to set up a Penfold pension through the Starling app in a matter of minutes.

/retail

Workplace savings fintech Cushon raises £35m

Workplace savings fintech, Cushon, has successfully closed a £35 million fundraising round and announces its third acquisition, as part of its drive to lead a tech-revolution in workplace pensions and savings.

/inclusion

Retiretech Smart teams up with Finhabits money app

Smart, a leading global retirement technology provider, announced a partnership with Finhabits, a market-leading fintech company making financial services more inclusive in the US through bilingual offerings designed for the Latino community.

/startups

Zippen launches pension consolidation service

A new automated Fintech that supports corporate HR teams in enabling employees to consolidate multiple workplace pensions into an existing pension pot has been launched by Zippen, the pension consolidation business.

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