The company is now approved by the FCA to operate a pension itself rather than relying on third parties and is aimed at freelancers who rarely save. The round was led by Bridford Group.
To use it, consumers download the app, enter bare minimum legal details for KYC, choose one of five investment plans based on age/risk appetite, choose how to fund (recurring direct debit, open banking top up or transfer another pension). Then they receive HMRC 25% top ups until retirement.
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