Smart Pension and WorkLife team up to support small businesses

16 September 2020

Smart Pension publishes on its website:

“Smart Pension and WorkLife by OpenMoney, have launched a new partnership today, in which WorkLife is named as a preferred partner of Smart Pension.

Smart Pension, the fast-growing UK-based retirement technology platform and workplace pension provider, and new employee benefits platform, WorkLife by OpenMoney, have launched a new partnership today, in which WorkLife is named as a preferred partner of Smart Pension.

As one of the largest workplace pension providers in the UK operating a master trust for hundreds of thousands of members, Smart Pension understand that pensions can be complex and the industry is slow to innovate. That’s why we’ve taken a different approach – by putting our customers first by helping them to have a better understanding and control of their finances through technology.

WorkLife, a new employee benefits platform created for small businesses and their workers, launches today offering a range of benefits and services usually only available to staff at big corporate firms. Chief among these benefits will be free financial advice, offering people much needed support during these difficult times.

The WorkLife platform is simple for employers to set up online, linking up with payroll information and workplace pensions, so employees can see all their benefits and salary in one place. Employers can even add their own benefits and rewards. The platform can be used to communicate with workers to keep them up to date with their total benefits package and new products.

The two fintech businesses modernizing the pensions and employee benefits industries are teaming up to support businesses and their workers with a range of benefits and services as they cope with the effects of the COVID-19.

Many of WorkLife’s clients are required to provide their employees with a pension through automatic enrolment. This is another layer of admin for business owners to contend with, and so this partnership will provide the opportunity to make use of Smart Pension’s simple service at a preferential rate.

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