Tagged: pension

Thailand’s Government Pension Fund picks Charles River to manage equity, fixed income, multi-asset portfolios

Thailand’s Government Pension Fund (GPF), one of the country’s largest pension funds with over 1.2 million members, has chosen Charles River Investment Management Solution (Charles River IMS) to update its front office operations and manage its domestic and international equity, fixed income, and multi-asset portfolios…. Read More

UK State Pension Highest Ever Increase in Line with Inflation, PensionBee Reveals

This past week from 6 April, the full amount of the weekly State Pension in the UK will reportedly “increase by 10.1%, the highest ever rise, for 12.5 million recipients of the State Pension.” Taking effect for payments starting next Monday 10 April, the amount… Read More

UK’s PensionBee Now has More than 100,000 Invested Customers

Online pension provider, PensionBee (LON:PBEE) reveals that they now have more than 100,000 invested customers. We're pleased to announce that PensionBee now has over 100,000 Invested Customers! 🎉💛 pic.twitter.com/T3Ya2Ej1JE — PensionBee (@pensionbee) October 21, 2021 As previously reported, PensionBee is a leading online pension provider, helping… Read More

PensionTech pinBox Raises Seed Funding to Provide Micro-Pension for Needy

pinBox, a global PensionTech working towards providing digital micro-pension and social security inclusion, has raised $ 1 million in funding from Venture Catalysts (Vcats), an integrated incubator, along with accelerator fund 9unicorns. Founded in 2016 by industry veterans Parul Seth Khanna and Gautam Bhardwaj, pinBox… Read More

Fund Manager Chrysalis to pick up £75 Million Stake in Smart Pension: Report

The London-based leading fund manager Chrysalis Investments has reportedly picked up a £75 million stake in Smart, a retirement savings platform. As per a report by Sky News, Chrysalis will announce the funding on Monday.  Chrysallis has backed fintech companies such as Klarna, Starling Bank,… Read More

Barclays Joins Forces With Smart Pension to Provide SMEs With Access to Pensions Platform

Barclays announced on Thursday it has joined forces with UK-based online pension provider Smart Pension to provide its network of 1,100 businesses with access to the Smart Pension platform. “Businesses that sign up through Barclays will be able to offer their employees access to the… Read More

Wealthify to Become Wholly Owned Subsidiary Within Aviva Group

UK-based online investment service Wealthify announced last week it has become a wholly-owned, but independently run, subsidiary within insurance and pensions giant, Aviva Group. Launched in 2016, Wealthify states it is investing made simple and it is on a mission to democratize investing by making… Read More

German Digital Corporate Pension & Life Insurance Provider Xpension raises €25 Million Through Series C Investment Round Led By HPE Growth

Xpension, a German digital corporate pension and life insurance brand, announced on Monday it secured €25 million through its Series C funding round, led by HPE Growth with participation from  Cinco Capital, led by Lars Hinrichs (Founder of XING and Chairman of Xpension), and Armada… Read More

Fintech Raisin Acquires German Retirement Savings Specialist fairr in Move to Expand Services

Raisin, a Fintech that provides an online marketplace for savers seeking better returns, has acquired fairr a retirement savings Fintech. Both companies are headquartered in Germany. The acquisition by Raisin comes following a recent funding round of €25 million from Goldman Sachs. The terms of… Read More

National UK Survey Finds 7 Percent Of Over-65s Will Consider P2P Lending, Following Change In Pension Rules

    A recent national survey in the UK found that 7 per cent of over-65s, about 728,000 people, will consider peer-to-peer lending, according to Yorkshire Building Society, which conducted the survey, and FT Adviser. Yorkshire Building Society is among the largest building societies in the UK, with… Read More

Lending Works Captures £25M of Loans; Debuts New Pension Features

Lending Works, the first peer-to-peer lender to have insurance against borrower default risk, announces that its new features for the UK pensions market are now live.  The multiple launches come as Lending Works is well on target to hit their forecasted £25m milestone of loans this… Read More

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