Founded in 2014 by Romi Savova and Jonathan Lister Parsons in a bid to simplify pension saving in the UK, PensionBee Group Plc is a UK’s leading online pension provider with an objective to make pension simple, so that every person can have happy retirement in the form of financial freedom, social inclusion, and good health. It is a direct-to-customer financial technology company. Since April 2021, the company’s shares are listed on the High Growth Segment of the Main Market of the London Stock Exchange as LON: PBEE.
The company aims to be the universal online pension provider for all its customers and create value for them and shareholders by combining exceptional customer service, technological innovation, and straightforward fees. The company is engaged in transforming the pension industry through innovative technology, excellent customer services and product leadership. It has developed an easy to use proposition that offer a solution to customer problem of saving for and managing their income during retirement. The three propositions include combine, contribute, and withdraw.
Through PensionBee app or website customer can easily combine and transfer their existing plan into a brand new PensionBee plan, which help customers manage their new pension online and they can also monitor their live balance. Its customer can contribute to their PensionBee pension and can easily start saving for their retirement through bank transfer or direct debit. These customers are also eligible for 25% tax relief, which will be automatically claimed from HMRC and will be added to their balance. It also provides services such as pension calculator. After the age of 55, its customers can withdraw a portion of their pension easily through the company’s website or app. They may choose to take up to 25% of their pension free of tax, withdrawing their chosen amount either as a lump sum or in portions.
The company offers a range of pension plans that includes Tailored, Tracker, Fossil Fuel Free, 4Plus, Future World, Shariah, Preserve, Match and Pre-Annuity. All of these plans are managed by some of the world’s leading money managers such as HSBC, State Street Global Advisor, BlackRock and Legal & General.
PensionBee Group Plc City Place House, 55 Basinghall St, London, EC2V 5DX, United Kingdom
020 3457 8444