CEO on the Sofa: Phil Hollingdale of Smarterly on the future of fintech and financial wellbeing
Financial wellbeing is a key issue being tackled by employers today. With the introduction of auto-enrolment, employers are spending a huge amount of money on pension contributions, but there is concern that they are not getting a return on that investment. This is often because people are not engaged with their pensions. At the other end of the scale, higher earners are being taxed out of making pension contributions.
As such, workplace savings schemes can offer an alternative avenue for some employees' pension contributions.
Through making workplace savings and investments more accessible and engaging, Hollingdale hopes to disrupt the financial services marketplace.
In partnership with Cushon
Cushon is an online savings&investments platform provider, offering holistic workplace savings.