WorkLife by OpenMoney has partnered with Smart Pension to offer SMEs more accessible access to low-cost workplace pensions, which they can access at a preferential rate through WorkLife.
The partnership offers SME employees who have signed up for WorkLife to gain access to a straightforward low-cost workplace pension solution that provides a range of sustainable investment options.
The offering is part of the extensive range of benefits offered through the platform, such as access to financial guidance and mortgage advice provided by OpenMoney, a will-writing service, and money-saving insight from Mouthy Money.
The partnership further expands on the WorkLife suite of benefits and the platform’s range of SME-friendly benefits.
WorkLife commercial director Paul Chedzey says: “Employers are uniquely placed to be able to provide the tools and products that can help staff to make better financial decisions, and saving money for future income via a pension is part of that.
“Teaming up with Smart Pension means employers can better support their staff with their financial wellbeing by making it easier for them to access and manage their workplace pension with Smart Pension’s app as well as benefitting from a reduced annual management charge on their pension savings.”
Smart Pension head of business development Adam Tudor says: “Like WorkLife, we want to make life easier for employers and their employees. We look forward to working with WorkLife to provide clients with a high-quality, tech-enabled workplace pension.”
