How it works

Combine your old pensions into one new online plan, then contribute and withdraw in a few clicks.

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Combine

Combine your old pensions and transfer them into a brand new PensionBee plan in a few easy steps.

  • Tell us about your old pensions

  • Give us permission to transfer your money and hit "Confirm"

  • Start managing your new pension online

In-app Contributions

Contribute

Pay money into your PensionBee pension and start saving for a better retirement

  • Add money to your pension in a few clicks

  • Save any amount with no minimum contributions

  • Get free tax top ups from HMRC

  • Plan ahead with our pension calculator

Withdrawals

Withdraw

Drawdown from PensionBee is a simple, stress-free way to take cash from your pension.

  • Withdraw your pension from the age of 55

  • Take 25% tax-free

  • Keep your pension invested

  • Add a beneficiary and pass on your pension

  • Plan ahead with our drawdown calculator

Why choose PensionBee?

When you sign up to PensionBee we’ll help you find and transfer your old pensions into a brand new plan. You’ll receive personal customer support from your very own account manager, or "BeeKeeper", who’ll let you know if we find any exit fees of more than £10, and keep you updated every step of the way.

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Switch plans

Switch plans, anytime

You can change your plan at any time, and if you don't want to decide straightaway, you can simply pick our most popular plan - Tailored - which automatically moves your money into safer assets as you grow older.

There are seven PensionBee plans to suit different savings needs, and it’s free to change your plan at anytime.

All of your pensions in one place

Our pensions are managed by some of the world's largest money managers — State Street Global Advisors, HSBC, BlackRock and Legal & General — so you know your money’s in experienced hands. We believe in offering good value pension plans, based on low investment costs and diversity in investment.

You'll get a modern paper-free pension that you can manage 24/7, from your favourite device. Our easy-to-use online dashboard and app lets you monitor your current pot size, see your projected retirement income and set up contributions in a few clicks. You'll also get easy access to your pension, via our Drawdown option, from age 55.

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Join over 228,000 customers already using PensionBee

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