Augmentum Fintech has added two new companies to its investment portfolio.
In Brief:
Cushon offers UK workplace pensions and ISAs.
Epsor offers a platform of retirement savings products.
Augmentum invested £5mn in Cushon and €2.5mn in Epsor.
What does this mean?
Pension products are becoming increasingly popular as employees look to understand how much they have saved for retirement and see how they can improve the situation.