Smart Pension has partnered with Revolut to provide a retirement savings solution for its business customers.
The collaboration 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.
Business customers that sign up before 30 April 2020 get a promotional discount off members’ fees via the Perk pages on Revolut’s platform.
Will Wynne, Smart Pension co-founder and managing director, explained: “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.”
Vaidas Adomauskas, head of business product at Revolut, added: “Our new partnership with Smart Pension makes it easy for our business customers to meet auto enrolment requirements for eligible members of their companies.”
The announcement follows the news last week that Revolut’s business customers with local GBP account details can now set up direct debits to automate the payment of regular bills and expenditure; including monthly pension contributions.
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