Pension Geeks has launched a new financial education video service, PensionGeeks+.

The digital financial education platform offers a subscription-based service for workplaces on financial topics like pensions, saving, and financial wellbeing. Inspired by household streaming service products like Netflix or Amazon Prime, the platform will look to offer employees animated videos, stories, and digital tools, aiming to provide a low-cost financial wellbeing solution for employers. The service will also offer a premium subscription tier, which will unlock access to Pension Geeks Live, providing exclusive access to live TV shows throughout the year. At launch, the service hosts bespoke animated videos that on a range of money topics including pension contributions, investing, and options for taking your pension money, although more videos are expected to be uploaded in future.

Smart Pension has reached £3bn in assets under management.

The master trust revealed that it has grown by more than 2,000 per cent in the past four years, and now serves over a million members and 70,000 employees across the UK, recording inflows of some £150m in the last month. The news comes shortly after parent company Smart, announced a £76m Series E funding round, led by Aquiline. In addition to its organic growth, Smart Pension has expanded through a string of recent consolidations, having announced that it would integrate the Ensign Master Trust in October 2022. Smart Pension also revealed that it intends to announce new consolidations and partnerships in due course.

Royal London has announced a new £1.2m charity partnership with Cancer Research UK.

The partnership aims to tackle cancer inequalities, funding research into hard-to-treat cancers and initiatives to improve the pathway to early diagnosis, as well as support programmes that increase cancer awareness in communities. The new initiative also builds on Royal London’s existing social impact and charitable giving strategy, which is focused on helping people to cope with life shocks and supporting those in financial crisis, primarily through its Changemakers programme and its existing partnership with UK charity, Turn2us. Royal London group chief executive, Barry O’Dwyer, commented: “Cancer continues to affect one in two people in the UK so we are proud to be working in partnership with Cancer Research UK to help save lives and improve cancer outcomes for all. Aligned with our purpose, our partnership will focus on increasing awareness, funding research into hard-to-treat cancers, and helping to reduce cancer inequalities, which have a significant impact on the outcome for those affected, for this and future generations.”

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