Smart Pension and Revolut partner to offer pan-European pension product

Smart Pension and Revolut have joined forces to provide a retirement savings solution for business customers across Europe.

Companies will be able to sign up for Revolut’s business account to set up a workplace pension for their UK employees. Last week it was announced 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.

Commenting, Smart Pension co-founder and MD, Will Wynne, said: “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.”

Revolut head of business product Vaidas Adomauskas 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.

“Not only can account holders take advantage of this preferential rate from Smart Pension, but they can set up both a business account and get pensions up and running in minutes. This partnership is a game-changer for our customers.”

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