Thrive

What Thrive is

Thrive is a workplace platform for UK businesses that combines pensions, employee benefits and financial wellbeing tools for employees and employers. Employees can use the website or apps for Android and iOS to explore the benefits their employer offers, browse a curated marketplace and use Thrive Academy. Its education library includes short video lessons and tools covering budgeting, saving, goal setting, ISAs, pensions, investments, salary sacrifice and retirement planning. Employees can also speak confidentially with independent financial coaches in the app or by phone. Coaching is included with membership; adviser fees apply if a coach refers someone for regulated, personalised guidance from a qualified financial adviser. The workplace pension is powered by Smart Pension and can be managed in the app, with flexible investment options and access to coaching. For employers, a dashboard provides real-time engagement insights across pensions, benefits and education, with tracking for usage, ROI and pension sign-ups. Thrive says employers can connect payroll and monitor employee usage and engagement in real time. The listed workplace pension has a total annual cost of $0.60 a year, billed at 0.60% total annual cost; overall pricing is on request. Benefit availability depends on what each employer chooses to offer.

Who it suits

Thrive suits UK businesses looking to bring workplace pensions, employee benefits and financial education into one platform. It may also suit employees who want app-based pension management and confidential coaching, subject to the benefits their employer provides.

Limits

Benefit access depends on what an employer chooses to offer, and not every benefit is available to every employee. Coaching is included with membership, but adviser fees apply for regulated, personalised guidance.

Getting started

1. Visit https://mythrive.co.uk/.
2. Use Thrive through its website or its Android or iOS app.
3. Ask your employer which workplace benefits and pension access it offers.
4. Check pricing with Thrive; the listed workplace pension has a $0.60 a year total annual cost, billed at 0.60%.

Verdict

Choose Thrive if your UK organisation wants to bring workplace pensions, benefits and financial wellbeing support together, with employer engagement tracking. Employees can also access one-to-one coaching and educational materials. Look elsewhere if you need a fixed overall price or benefits that are the same for every employee, since availability depends on the employer and adviser fees apply.