Pension withdrawal

Access your pension online, from the age of 55

fscs logo
Phones with withdrawal feature on app
Phones with withdrawal feature on app
Phones with withdrawal feature on app
344k

Customers

4.7

Out of 5 on Trustpilot

57s

Average call answer time

344k

Customers

4.7

Out of 5 on Trustpilot

57s

Average call answer time

When the time comes to start withdrawing your pension it should be simple and stress-free. Here’s how PensionBee makes it easy.

PensionBee mobile phone
number one

Combine your old pensions online

Firstly, we’ll help you take control of your old pensions by switching them into a brand new PensionBee plan, managed by one of the world's biggest money managers for one fair annual fee - which decreases on pots over £100,000.

You get one simple pension, so managing your money is much easier, as you’ll no longer need to update all of your providers every time you make a withdrawal. Keeping track of your tax limits, like the lifetime allowance and the money purchase annual allowance, will also be simpler.

Mobile plan
number 2

Pick a plan to suit your retirement needs

Ready to start withdrawing your pension? Then it's important to ensure that you're in a plan that matches your retirement objectives.

You can make withdrawals from all of our plans but we offer three designed specifically for retirement - Tracker, 4Plus and Preserve.

Legal & General
number three

Start withdrawing flexibly with PensionBee, or purchase an annuity

As soon as you reach the age of 55 we’ll give you two simple ways to withdraw money from your pension. You can either take your pension flexibly online through PensionBee drawdown, or you can buy a pension annuity through our partner, Legal & General.

Tools to help your plan your retirement

We understand that choosing how and when you take your pension is a big decision. That’s why we’ve created articles, video explainers and a drawdown calculator to help you shape the retirement you want. And as always, our UK-based team is also on hand, if you have any questions.

See what our customers are saying about PensionBee

We put our customers at the heart of everything we do. Watch them explain what they like most about PensionBee, read our interviews, and take a look at some of our latest Trustpilot reviews.

Excellent. 2817 customer reviews

3%
1 star
2%
2 stars
3%
3 stars
10%
4 stars
82%
5 stars

Mr Hunter

Great service/kept up to date

Great service/kept up to date

See review

jerene

Very Good

very good and reliable 👍

See review

Karen Armstrong

Great service

Great service. They dealt with everything very quickly. Stress free. Would definitely recommend this service.

See review

Oz Nottingham

Pension reviewer.

Extremely easy process in pulling old pension plans together into one place. Really impressed with swiftness of process,Will recommend.

See review

Steve

Good personal service

Good personal service

See review

Paulo

Because is very good

Because is very good

See review

Join the UK's leading online pension provider

Transfer your old pensions into a new online plan. It takes just 5 minutes to sign up.

Mobile PensionBee analytics chart Mobile PensionBee analytics chart
Mobile PensionBee analytics chart
Apple Store logo Google Store logo