Collegia

Collegia is on a mission to revolutionise Auto-Enrolment pensions, placing the member in control. The startup addresses the inefficiency and lack of transparency in the current pension provision system, wherein employees often possess multiple small pension pots across different employers. Aiming to tackle the challenges faced by both individuals and employers, Collegia has garnered attention from 70% of UK employers looking for fresh ideas and innovation in the pensions market. The company's solution involves a secure digital platform that facilitates data flows between investment managers, insurers, payroll managers, and employers. By integrating with existing payroll routines, Collegia transforms payroll reports into pension contributions, channeled to tax-efficient and 100% FSCS protected pension plans managed by reputable investment managers. This approach makes Auto Enrolment seamless for employers, enabling easy integration, employee enrolment, and real-time consultation of reports. Founded in 2018 and based in the United Kingdom, Collegia secured a £500.00K Seed Round investment on 10 June 2021. Although the specific investors are not mentioned, this investment highlights the confidence placed in Collegia's modern personal pension solution, which combines employer and personal contributions and features an intuitive retirement planning tool. With its commitment to simplicity, efficiency, and sustainability, Collegia aims to significantly improve the landscape of pension management in the UK.