Data aggregation and analytics platform Envestnet | Yodlee has partnered with British pension fintech provider The Pension Lab to provide aggregated financial data to all employees looking to know more about their pensions.
The agreement enables The Pension Lab to leverage the account aggregation API of US-based Envestnet to offer secure user permissioned data access to open finance accounts. Ultimately, clients can view all their pension contributions from different pension pots in one place, delivering convenience to users.
According to Envestnet officials, the new partnership aims to create financial wellness and improve customers’ financial lives by accessing all the information on their pension pots to understand their progress towards retirement incomes.
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