The Pension Lab - Pitch Deck

Winner Finalist

MOST PEOPLE ARE NOT ENGAGED WITH PENSIONS AND FIND IT HARD TO MAKE INFORMED CHOICES Less than 50% 99% 20% of people have logins to view of people didn’t think about of Nest pension's 8 million their pensions online. their pension at all last year. savers are in the default fund.

A PROBLEM FOR EVERYONE Individuals Employers PensionSchemes May not have enough funds Not getting value from pension Can’t meet regulatory requirements to comfortably retire on and contributions as staff don’t to engage members & help make risk working longer. engage with the benefit. informed choices.

DISRUPTING A LARGE AND GROWING MARKET THAT HAS A SIGNIFICANT SERVICE GAP 21m 90b 11.5m 94% Have a workplace Payments to workplace Members across of UK workers can’t afford or pension pensions in 2018 3,500 schemes don’t seek financial advice

THE SOLUTION Our Vision The UK’s go-to impartial and trusted pension management app

BUSINESS MODEL WE SELL TO EMPLOYERS AND PENSION SCHEMES USING A SUBSCRIPTION BASED MODEL. Benefits for Employers Benefits for Pension Schemes (Average cost £3 per user per month) (Average cost £1 per user per month) Reduced NIC bill offsetting cost of benefit provision* Increased chargeable assets under management Significant shift in staff engagement with workplace benefit Meet regulatory obligations in relation to value for money Measurable improvements in staff pension literacy Low cost, plug-in solution for all members Staff feel financially secure, so improved financial wellbeing No requirement to build complex technology Increased employee loyalty, staff retention and trust Real-time measurement of member engagement * The cost of the product to an employer is fully offset if the average staff member contributes an additional £21 p.m.

COMPETITIVE LANDSCAPE Information Solutions AI Advice Asset Manager

JOURNEY & SUCCESSES EU Technology Grant • FCA Authorisation • Evalue fintech pitch competition win • Accepted on to the Accenture Fintech innovation Lab • Accelerator Pilots in H1 2020 – Chambers of Commerce, one FI, • Smart Pension