Simple set up
Signing up for a private pension takes minutes with PensionBee. Start your journey to a happy retirement, today.
The private pension in the palm of your hand
Signing up for a private pension takes minutes with PensionBee. Start your journey to a happy retirement, today.
With investments, your capital is at risk
Flexible contributions
Pay into your pension according to your current income. You can contribute once or on a regular basis.
One simple annual fee
Our fees range between 0.50% and 0.95%, depending on your plan*.
Simple set up
Signing up for a private pension takes minutes with PensionBee. Start your journey to a happy retirement, today.
Flexible contributions
Pay into your pension according to your current income. You can contribute once or on a regular basis.
One simple annual fee
Our fees range between 0.50% and 0.95%, depending on your plan*.
Open a private pension with PensionBee by transferring your old pensions into one of our online plans.
* Some providers charge a whole range of fees, but with PensionBee there's one annual pension fee with 50% off on the portion of your pension over £100,000.
Setting up a private pension
1
Sign up and choose a plan
Signing up's free and can be done online or using the PensionBee app.
Just answer a few simple questions and provide your National Insurance
number to begin.
You can pick one of our personal pension plans, or we'll automatically start you off in Tailored (our default plan), which automatically moves your money into safer assets as you grow older - to protect your retirement savings. All our plans charge one simple annual fee.
You can pick one of our personal pension plans, or we'll automatically start you off in Tailored (our default plan), which automatically moves your money into safer assets as you grow older - to protect your retirement savings. All our plans charge one simple annual fee.
2
Transfer your old pensions
If you have one or more pensions from previous employers, you can
transfer them to your new PensionBee plan. It's really simple, as
our team of BeeKeepers manage the process for you.
Transferring your old pensions could result in a more effective investment strategy, make it easier to manage your savings, and can save you from paying excess fees.
Transferring your old pensions could result in a more effective investment strategy, make it easier to manage your savings, and can save you from paying excess fees.
3
Manage your personal pension online
From making and adjusting your contributions, to setting up
beneficiaries and checking whether you're on track to meet your
retirement income goal... it can all be done online or using the
PensionBee app.
And once you reach retirement age, currently 55, rising to 57 from 2028, you can easily withdraw from your private pension, too. Our team's on hand to respond to any questions you might have, by email, phone and live chat.
And once you reach retirement age, currently 55, rising to 57 from 2028, you can easily withdraw from your private pension, too. Our team's on hand to respond to any questions you might have, by email, phone and live chat.
See how we've helped Afiya save towards her pension
See what Afiya had to say
How our private pension works
How our private pension works
Contribute as often as you like
Contribute as often as you like
Make contributions easily from your online account, which we call the BeeHive. Make an Easy bank transfer in just a few taps. Your money will be invested in the stock market and other assets, and managed by one of the world’s largest money managers.
A tax efficient way to save
A tax efficient way to save
Private or personal pensions are a tax-efficient way to save towards your retirement. Most basic rate taxpayers get a 25% tax top up; meaning HMRC usually adds £25 for every £100 you pay into your pension, which would bring the total contribution to £125.
Flexible retirement options
Flexible retirement options
From the age of 55 (57 from 2028), you can choose how to withdraw money from your private pension. Draw down a set amount each month, take out a lump sum (up to 25% tax free), buy an annuity, or do a combination of these options. Your personal pension’s as flexible as you are.
Awards and achievements:
Awards and achievements: