Hargreaves Lansdown has licenced Staffcare to enhance its corporate wrap by adding total reward statements, flexible benefits and auto-enrolment administration facilities.
Hargreaves Lansdown has hired people into its corporate team, including Jeff Fox and Steve Briggs, both of whom have previously used Staffcare's software and implemented some of the largest reward communication and flexible benefit schemes in the UK.
Hargreaves Lansdown Corporate and Pensions managing director Alex Davies (pictured) said: "Our corporate wrap offers employees an alternative to traditional company pensions and is gaining considerable traction in the market; 39 companies are now live.
"The additional functionality we can now deliver as a result of licensing Staffcare's software gives it even more of a competitive edge."
Staffcare chief executive Phil Hollingdale said: "Platforms will become a necessity to support new auto-enrolment regulation and to satisfy the demand of internet savvy users in the workplace who want an engaging online experience."
Hargreaves' corporate wrap, Vantage, was launched in July 2010.
Shone a light on 'closet trackers'
‘Documentation, documentation, documentation’
'It will have to lead with product intervention and product governance'
'Advice will be delivered in new exciting ways' - Iress