PensionBee has announced a new partnership with ClearScore to create a financial marketplace to improve users’ financial wellbeing.

The partnership aims to provide consumers with greater visibility and control over their financial futures.

ClearScore, established in 2015, offers free access to credit scores, reports and open banking data, supporting over 24 million users in the UK, South Africa, Australia, New Zealand and Canada.

As part of this partnership, PensionBee’s services will be integrated into ClearScore’s ‘credit health’ section, which presents credit and affordability in a new way, revealing how users are viewed as potential borrowers, and outlining factors which are stopping them from getting credit.

The integration will be available this month, providing users with access to pension management tools directly within the ClearScore app and website.

Head of partnerships at PensionBee, Jordan Lowe, said: "We are thrilled to grow our partnership with ClearScore to help savers take control of their financial wellbeing. By integrating our pension services into ClearScore's widely used platform, we aim to make pension management more accessible and straightforward for millions of users.

"This partnership underscores both companies' commitment to enhancing financial literacy and providing users with the tools necessary to plan effectively for their future."

Corporate communications director at ClearScore, Joe Wiggins, added: "Our platform gives people the data and insights they need to master their borrowing and have a healthy relationship with credit.

"But being money savvy goes beyond borrowing, and this is where we can really enhance our user experience by bringing in like-minded and innovative partners such as PensionBee. We share a common goal of making personal finance clearer and more straightforward, so the more people we can help, the better."

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