Yonder & Smart Pension to offer benefits to remote workers in the UK
By Gloria Methri
Yonder, the automated health insurance platform, has teamed with Smart Pension, to enable companies and their UK-based employees to easily administer and enroll in a workplace pension.
The partnership seeks to provide international employers with a modern and digital way to set up and manage a workplace pension for their UK-based employees that’s compliant with the nation’s auto-enrolment law. Companies can now provide their UK-based employees with comprehensive employee benefits, even if they don’t have a UK bank account.
Yonder provides employers with one easy-to-manage dashboard that eliminates the need to understand different countries’ retirement legislation and is scalable to support firms of all sizes. For employees, their benefits are available to access and control with the Yonder app.
Luke Mackey, Co-Founder and CEO said, “We are delighted to announce our partnership with Smart Pension. After the success of our workplace pension partnership in Ireland, we were keen to support UK-based employees quickly, and Smart Pension is the perfect fit for us. Their digital-first approach to pensions aligned with our core values. I am excited that Yonder is engaging with the highest-quality providers to expand its presence in local markets.”
Chris Glanton, Director of Strategic Partnerships at Smart Pension, added. “At Smart Pension, we have always put employers and members first so we were very excited at the opportunity to work with another FinTech disruptor focussed on the employee benefits market. Making retirement accessible is a priority for us and this partnership and technology integration really supports this. Our pension platform supports SMEs to those with tens of thousands of employees so it’s perfect to support the range of clients Yonder has.”
This is Yonder’s second workplace retirement offering available since launching earlier this year.