Pension withdrawal

Access your pension online, from the age of 55

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Phones with withdrawal feature on app
Phones with withdrawal feature on app
Phones with withdrawal feature on app
352k

Customers

4.7

Out of 5 on Trustpilot

57s

Average call answer time

352k

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
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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
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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. 3584 customer reviews

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

Nina

Excellent app very knowledgeable

Excellent app very knowledgeable and all information right there for you in the palm of your hand anytime. Easy to use I’m glad I’ve used this service I’d recommend this to everyone!

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Darren

So far so good

So far so good. It's good to have a company to sort this sort of stuff out. Very good at relying info Lots of different plans you can choose from to grow your pension

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Ian James

Simple and secure

Simple to do with great help and support. Great service, if in any doubt give this a try, you won't be disappointed.

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Lorraine

My experience so far has been amazing

My experience so far has been amazing, lots of communication and feedback instant reply’s and ease of use on the app, I am more than happy 😃

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Lee Couldrick

Thankyou great service from start to…

Thankyou great service from start to finish

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Mary

Quick and easy to use

Quick and easy to use

See review

Put your pension in the palm of your hand

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

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Mobile PensionBee analytics chart
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