Smart Pension to launch financial well-being app

Smart Pension will roll out an online financial well-being application to help members make decisions about their money in Q1 next year, Professional Pensions reports. According to the provider, the application will include a bite-sized e-learning platform around topics such as compound interest, tax and transaction fees. It also noted that in some cases, the output could even suggest savers should slightly reduce their pension savings in favour of another product, such as life insurance. Smart Pension is collaborating with Envizage to use its future analytics simulation to deliver a ...