Savers with workplace pension schemes are significantly less likely to understand or engage with their pensions compared to their counterparts with personal pensions, according to new research from Moneyhub, the award-winning data and payments platform built on Open Banking and Open Finance principles. 

Savers have their heads in the sand when it comes to their future financial health as a quarter admit to never checking their pensions according to research from Moneyhub, the award-winning data and payments platform built on Open Banking and Open Finance principles. 

Standard Life, part of Phoenix Group, the UK’s largest long-term savings and retirement business, has partnered with Moneyhub, the market-leading Open Banking and Open Finance platform, to deliver its pensions dashboard. This marks the first UK provider to commit to offering a commercial pensions dashboard.

As the cost-of-living crisis pushes record numbers of people to the financial edge, with many relying on loans, overdrafts or credit, Moneyhub Decisioning warns that many Brits may be at risk of falling into a spiral of missed payments and loan defaults.

The cost of living crisis is causing more young people to become dependent on the use of credit to manage their finances. In the last six months, 24% of under 35s have applied for an overdraft and 19% have applied for a payday loan, with 22% and 29% of those with personal loans and payday loans using these products to manage everyday expenses. With Consumer Duty looming, banks and other lenders will need to ensure customers are on the most suitable products for their circumstances.

Moneyhub,  the award-winning data and payments platform built on the principles of Open Banking and Open Finance, has today announced a strategic partnership with MX Technologies, Inc., a leader in Open Finance in North America. This partnership enables Moneyhub and MX to leverage each company’s capabilities and networks to help drive positive outcomes for organisations and consumers in both Europe and North America.

Moneyhub, the award-winning data and payments platform built on the principles of Open Banking and Open Finance is pleased to announce three new senior hires as part of its wider organisational restructure.

Millions of homeowners could be at risk of defaulting on their mortgage if interest rates move upwards again according to new research from Moneyhub Decisioning, the data platform built on the principles of Open Finance to drive better affordability, eligibility, suitability and vulnerability checks. 

Moneyhub, the award-winning Open Data platform and alpha partner to the Pensions Dashboards Programme (PDP), responds to today’s Government announcement. It has announced that statutory connection staging dates will be replaced with guidance to facilitate flexible roll out as organisations are ready and able to do so. 

Moneyhub’s service powers Standard Life’s open finance tool, Money Mindset to provide workplace scheme members with ‘real time’ data on spending and saving activity across a wide range of financial products within their app or online

Moneyhub offers the widest breadth of any provider with thousands of connections covering financial services globally 

Today, Nest Insight, the Centre for Personal Financial Wellbeing at Aston University, and the Yunus Centre for Social Business and Health at Glasgow Caledonian University have announced the launch of a new research programme that will build an in-depth understanding of the lived experience of financial uncertainty among low to moderate income households across the country.

Moneyhub is in complete agreement with DWP and the FCA to maintain pace and momentum against the guided timeline for the provision of pensions data to meet millions of consumers’ demand

Financial technology provider, Bravura, and Moneyhub, the award-winning data and payments platform built on the principles of Open Banking and Open Finance, are joining forces to demonstrate their end-to-end connected pensions dashboards technologies to delegates at the PASA Annual Conference today.

Moneyhub, the award-winning data and payments platform built on the principles of Open Banking and Open Finance has been showcased in the Innovate Finance’s new series Wired Differently. The online branded series highlights the ground-breaking work fintechs are doing to improve financial inclusion and wellbeing.

Moneyhub, the award-winning data and payments platform built on the principles of Open Banking and Open Finance has welcomed the Joint Regulatory Oversight Committee’s latest recommendations for the future of Open Banking in the UK. Published on the 17th April 2023, the recommendations set out the next phase for Open Banking. 

Moneyhub, the award-winning Open Data platform and alpha partner to the Pensions Dashboards Programme (PDP) has responded to today’s ministerial statement on pensions dashboards.