Tag: pension

FinTech unicorn Human Interest, which provides a full-service 401(k), has received a minority investment from investment major BlackRock.

The number of savers opting out of their company pension scheme has increased by 29% from March to July this year, according to a report from digital pensions platform Penfold.

Digital pensions platform Penfold has collected £7m in its Series A funding round, following the launch of its workplace pension platform late last year.

UK-based pension provider Collegia has secured £500k in funding ahead of its launch in the UK later this month.

UK FinTech pension and savings provider Cushon has secured $26m from an equity raise and a credit facility.

Regulators warn that pension savers have lost over £30m to scammers as people know more about football than about their own lifetime savings.

UK’s financial conduct authority warns that overconfidence could lose a person their entire pension within just 24 hours.

Byhiras, a transparency and accountability platform for investments, has been selected by the Scheme Advisory Board (SAB) for the UK Local Government Pension Scheme (LGPS).

The UK’s Financial Conduct Authority (FCA) and the Pensions Regulator (TPR) have warned that 42 per cent of pension savers in the UK, around five million people, are at risk to scammers.

Human Interest, an automated provider of 401 (k) schemes for over 35,000 people, has raised $15.4m in its Series B.