New employee benefits joint venture – Embark Group and Mazars

The Embark Group and Mazars have formed a joint venture partnership to offer small and medium sized UK employers a benefits service, Vested. The new venture will span workplace savings, flexible benefits, financial wellness and employee engagement in addition to pensions, and will be delivered digitally wherever possible.

Phil Smith, group CEO of Embark, said:

‘I see the medium-term future of the Wrap and SIPP markets, our core business areas, being highly-focused on the workplace arena. It is essential we develop our business efficiently and swiftly to compete in this space; combining our strengths with the SME advisory skills and distribution power of Mazars turbo charges our growth potential.’