Chest and Tillo Partner to Turn Everyday Shopping into Pension Savings
Chest, the modern pension platform for Gen Z and Millennials, has announced a strategic partnership with Tillo, the global rewards platform. This collaboration allows users to grow their retirement savings through cashback rewards from popular brands.
| Key Detail |
Information |
| Partners |
Chest & Tillo |
| Target Audience |
Gen Z and Millennial Savers |
| Primary Benefit |
Cashback rewards converted to pension contributions |
| Investment Partner |
Legal & General |
How does the Chest and Tillo partnership work?
The collaboration integrates Tillo’s rewards technology directly into the Chest app. Users earn cashback when shopping with a global network of brands, which is then automatically redirected into their pension savings.
What are the key features of the Chest pension app?
- Effortless Cashback: Turn everyday spending at popular brands into long-term savings.
- Automated Contributions: Built-in features like round-ups and smart saving rules.
- Pension Consolidation: Easily combine existing pension pots into one digital dashboard.
- Progress Tracking: Monitor financial health via a dedicated "pension wellbeing score."
- Professional Investing: Access funds managed by Legal & General.
What the industry leaders are saying
“We created Chest to make saving effortless... Partnering with Tillo allows us to connect our users with brands they already love, turning everyday spending into meaningful pension contributions.”
— Jason Murphy, Co-Founder of Chest
“Businesses like Chest are showing how gift card value can be reinvested in ways that benefit consumers... we’re helping make those moments simple and seamless for users.”
— Alex Preece, CEO and Co-Founder of Tillo
Why is this partnership important for younger savers?
With rising living costs, Gen Z and Millennials often feel they must choose between their current lifestyle and future security. By leveraging Tillo's digital gift card network, Chest removes this friction, closing the savings gap through habits that don't require a change in lifestyle.
