Combine all your old workplace pensions and SIPPs into one new online plan. Capital at risk.
PensionBee puts your pension in the palm of your hand and makes you feel pension confident. You get one simple pension and one clear balance that you can check any time, all for one fair annual fee of between 0.50% and 0.95%. Plus, there are drawdown costs unless you transfer to us and take your whole pot within 12 months.
Our pension calculator helps you check what your retirement income will be, and tells you how much you might need to save to reach your retirement goals. Everything is designed to give you total peace of mind, it’s a savings app designed for the 21st century.
If you're already a PensionBee customer, just download the app and enter your login details.
If you're not a customer yet, signing up to save and invest with us is easy - just follow the instructions in the app! We just need some basic details, like your national insurance number and your old provider information.
By signing up this way your money will be invested in our most popular plan - Tailored - which automatically moves your investments into safer assets as you grow older. There’s seven PensionBee plans to suit different savings needs, and they’re managed by four of the world’s largest money managers - BlackRock, State Street Global Advisors, Legal & General and HSBC. It's free to change your pension plan at any time.
Once you’re a PensionBee customer, you’ll be able to:
- View the value of your new PensionBee pension
- See how your plan’s investments and funds have performed over time
- Track outstanding pension transfers from your old providers
- Make contributions to your PensionBee pension pot
- Plan for your retirement, using our retirement calculator
*Why should I consolidate my pensions with PensionBee?*
With PensionBee, you can easily manage your pension online and take control of your retirement. You can see your current pot size, your projected retirement income, and set up regular or one-off contributions in just a few taps. As soon as you reach the age of 55 you can also start making withdrawals, through the PensionBee website. Your personal BeeKeeper is on hand to help you with anything you need, and our pension calculator can tell you whether you’re on track to meet your retirement goal.
*How much does it cost to use PensionBee and how does this compare to other providers?*
We don’t charge you any fees to transfer your pensions to PensionBee. There is just an annual management fee, which is automatically deducted from your pension on a daily basis. For pensions under £100,000 you’ll pay one annual fee of 0.5 - 0.95%, depending on which plan you choose. If your pot size is larger than £100,000 we’ll halve the fee on the portion of your savings over this amount.
*Can PensionBee trace my pension for me?*
While we’ll do everything we can to help you transfer your pensions, we can’t trace an old pension without any details. If you don’t have the policy number to hand, we’ll need you to tell us who your pension provider is. It can take up to 12 weeks to transfer your old pensions depending on the provider.
*Is there an exit fee to leave PensionBee?*
There’s no exit fee if you leave PensionBee at any point. There’s also a 30 day cancellation policy, which means we’ll return your pensions to your old providers free of charge - assuming they’re also willing to take them back. You just need to cancel your PensionBee plan within 30 days of opening it.
We're always keen to hear your feedback on ways to improve things. If there’s anything you’d like to see in the app that isn’t already there, or any bugs you come across, please send your feedback to firstname.lastname@example.org.
PensionBee is authorised and regulated by the Financial Conduct Authority.
As with any investment, the value of your PensionBee pension can go down as well as up and you may get back less than you started with.
This release contains some improvements to various parts of the app, including:
- An alteration to your performance chart, to make the % growth figure more accurate
- General security improvements
Ratings and ReviewsSee All
Basically works so you can login as check present valuation, a few things missing from the desktop version but of course you can always login on a browser for that.
It’s refreshing to actually be able to see how much you have invested vs how much it is worth, a strange concept most other providers seem to like burying. One small thing on the screen with valuation on my iPhone se the date text overlaps the money received text.
I was so excited with the update I’ve started monthly contributions
Update: this is all fixed. I was so excited to get back into the app I’ve set up monthly contributions
The most recent update to fix the yellow screen (that I didn’t have) has subsequently given me the yellow screen. Please fix this! The app is currently absolutely useless
Developer Response ,
Hi Emjw33, sorry about that hiccup! We've solved it (properly) now with the last release (v 1.12.3), please update and let us know that it's all good, and if possible would you be happy to update your review 🙏. Martin - Team PensionBee.
Having a slight problem
I have an iPhone 6 and downloaded the app without any problems. However I am asked to log out in then the screen appears asking me if I want to use fingerprint log in but the screen is frozen and doesn’t respond to phone tilting or fingerprint scan etc. I have deleted app and redown loaded it but the same thing happens. Have moved a pension pot over so would like to gain access on the app to see how it is doing.
Developer Response ,
Hi Imeaki, sorry to hear you've experienced a problem logging in.
It's unusual that you've been asked to log out.
Are you able to send an email to email@example.com so we can take a look at our logs to match up to your user email.
Up to six family members will be able to use this app with Family Sharing enabled.