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EXCLUSIVE: Demand for benefits technology drives 350% growth at Mattioli Woods

The UK wealth management and employee benefits firm said the number of clients implementing its technology platforms had more than tripled by the end of 2025.

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EXCLUSIVE: Demand for benefits technology drives 350% growth at Mattioli Woods
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Mattioli Woods has reported a sharp rise in demand for its employee benefits technology solutions, with client adoption increasing by more than 350% since 2023.

The UK wealth management and employee benefits firm said the number of clients implementing its technology platforms had more than tripled by the end of 2025.

Its pipeline of clients and prospects has also reached a record level, representing a 400% increase compared with 2023.

In response to growing demand, the company has expanded its technology consulting and delivery teams and plans further recruitment throughout 2026.

Mattioli Woods said the surge has been driven by several factors, including advances in benefits technology platforms, increased competition for talent, challenges associated with engaging hybrid workforces and preparation for the payrolling of benefits reforms due to take effect in April 2027.

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Central to the firm’s offering is its MyWay employee benefits platform, which enables employers to provide flexible and personalised benefits through a single digital portal.

Employees can view, manage and tailor benefits such as health plans, electric vehicle schemes and wellbeing support.

The firm said evolving workforce expectations are also encouraging employers to invest more in benefits technology.

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Recetn data from Carers UK revealed nearly three million UK employees balance paid work with caring responsibilities, increasing demand for flexibility at work.

Benefits that allow employees greater control over their time are also becoming more common.

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According to the latest Alan Jones survey, tradeable annual leave is now offered by 69% of employers, up from 65%.

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Other benefits are also expanding. Cycle to Work schemes are now offered by 80% of employers (up from 75%), Give As You Earn schemes by 41% (up from 35%) and salary sacrifice car schemes by 36% (up from 31%).

Health and wellbeing support is also increasing, with more organisations offering medical screening (39%, up from 36%) and gym memberships (52%, up from 48%).

Sean McSweeney, employee benefits team director at Mattioli Woods, said: “We are seeing a fundamental shift in how employers view benefits technology. It’s no longer a ‘nice to have’ – it’s a strategic tool for talent attraction, retention and compliance.

“The scale of growth since 2023 demonstrates that employers recognise the value of investing in modern, integrated platforms like MyWay.

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“With upcoming regulatory changes and ongoing pressure in the recruitment market, we expect demand for benefits technology to remain exceptionally strong.”

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