How it works

We start by transferring your old pensions and investing them into one new easy-to-manage online plan. If you're self-employed, you can start a new pension with us by setting up a contribution.
With investments, your capital is at risk.
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Sign up in three steps

Becoming a PensionBee customer’s easy! Follow three simple steps to access your online account - your ‘BeeHive’ - and start managing your pension with confidence. When you sign up, we'll automatically invest you in one of our two default pension plans based on your age, but you can switch plans anytime.
Get started
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Step 1

Sign up

Download our app or sign up online.

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Step 2

Add your personal details

We’ll need your legal name, address, date of birth and National Insurance (NI) number.

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Step 3

Combine or contribute

Transfer your old pensions or start fresh with a contribution. Self-employed? Set up flexible contributions with no minimums.

Meet your BeeKeeper

We're on a mission to build pension confidence so that everyone can enjoy a happy retirement.

Your personal account manager (known as your 'BeeKeeper') will guide you every step of the way. We’ll handle transfers (which typically take 12 weeks) and get your permission if needed. You can contribute by Easy bank transfer anytime in just a few clicks.

Welcome to your BeeHive

Say goodbye to paperwork

Update your personal details, select your beneficiaries, switch plans and contact your BeeKeeper online all from one place.

Flexible contributions with no minimums

Make flexible personal contributions or ask your employer to pay directly into your PensionBee pension. Work for yourself? If you’re the director of a limited company, you can make employer contributions too.

Live balance and plan performance

View your live balance and check the performance of your pension as soon as your pensions are transferred or you make a new contribution.

Tools to help you plan for retirement

Get access to planning tools, checklists and your Retirement Planner, where you can track your progress and see how long your pension could last.

Withdraw with ease

Once you reach 55 (57 from 2028) you can make a withdrawal once a month from any of our plans online, through PensionBee drawdown, no forms needed. Payments typically take 7-10 working days. Or, you can choose to receive a regular income and buy a pension annuity through our partner, Legal & General.

One simple annual fee is deducted from your pension automatically each month. You'll pay between 0.50% and 0.95% (depending on your plan) which includes the cost of your investments. Plus, we'll halve the fee on the portion of your savings over £100,000.

Your pension's protected every step of the way

Experienced money managers

Our pension funds are managed by some of the largest and most experienced money managers in the world, including State Street, BlackRock, and HSBC.

Bank-grade encryption

We protect your data with the strongest, most up-to-date technology and processes. All of your information is encrypted using 128-bit Transport Layer Security (TLS) and our security is tested annually by independent experts.

Permission-only data sharing

We'll never share your personal information with anyone without your permission. Our systems and processes are set up to adhere to the UK General Data Protection Regulation (UK GDPR) requirements.

Secure identity checks

We meticulously vet the identity of all employees and customers to reduce the risk of identity fraud, or any other unauthorised access to your information or account.

Independently vetted

Our information security practices are certified to the internationally recognised ISO 27001 standard as well as the UK Government's Cyber Essentials Plus Scheme.

ICO registered

PensionBee has been registered as a data controller with the Information Commissioner's Office since 2015. Our registration number is ZA131262 and you can view the entry on the ICO's website.

FAQs

Be pension confident!

Combine your old pension pots into one new online plan. It takes just a few minutes to sign up.
Get started
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