On the go: Revolut and Smart Pension have teamed up to offer a retirement savings solution for the digital bank’s business customers.
The partnership will allow companies from across Europe that sign up for Revolut’s business account to set up a workplace pension for their UK employees within minutes, the parties stated.
Will Wynne, co-founder and managing director of Smart Pension, said: “Revolut shares our passion for using technology to make life easy for people.
“Revolut’s business account can now be used by employers across Europe to automatically pay into a workplace pension for their UK workers without hidden fees. We are excited to be opening up our tech-enabled, value-for-money workplace pensions to Revolut’s business customers.”
Vaidas Adomauskas, head of business product at Revolut, noted that the partnership enables its business customers to meet the auto-enrolment requirements for eligible members of their companies.
“This partnership is a game-changer for our customers,” he said.