Jarvis

Jarvis, operating under the legal entity Pension Jar Limited, is a London-based financial technology company established in 2022 by founder and CEO Royden Greaves. Greaves, who previously spent over a decade in wealth management, identified a significant gap between individuals who could afford ongoing financial advice and the majority who could not. This experience motivated him to create a solution aimed at simplifying pension planning and making it accessible to a broader audience, particularly the modern, flexible workforce.

The company's core offering is the Jarvis Lifetime Pension, a solution that combines both workplace and personal pensions into a single, manageable platform. This structure is designed to accommodate the shifting career paths of modern workers, including freelancers, contractors, and the self-employed, who may move between different employment statuses. The business model targets this growing demographic by partnering with payroll companies, umbrella companies, recruitment agencies, and employers of record to provide its pension services. Revenue is generated through an annual platform fee of 0.75% on the first £75,000 managed, and 0.37% on amounts exceeding that threshold.

The service is delivered through a mobile application that provides users with tools to actively manage and plan for their retirement. The app allows for the consolidation of old pension pots, offers a retirement calculator, and enables users to set retirement budgets and plan jointly with a partner. A key feature is its ability to integrate broader financial data, such as cost of living, inflation, and tax rates, to give users a clearer picture of their financial future. By offering a user experience comparable to a modern banking app, Jarvis aims to increase engagement with a financial product often perceived as complex and distant. The company has secured £1.8 million in seed funding, co-led by Ascension VC and Cornerstone VC, to support its growth and product development.

Keywords: pension management, retirement planning, fintech, personal finance, workplace pension, self-employed pension, pension consolidation, financial wellness, auto-enrolment, retirement savings, SIPP, investment management, financial planning app, UK pensions, employee benefits, gig economy finance, flexible workforce, retirement goals, pension tech, wealth management