A smart alternative to a traditional SIPP

PensionBee isn’t a traditional SIPP, as our focus is on complete simplicity. Our three money managers invest your savings so you don't have to, giving you peace of mind.

Transferring your pension to PensionBee

  • Easy and clear from the outset
  • Funds from three of the world’s biggest money managers
  • One low management fee
  • 100% FSCS protected should a money manager fail

Transferring your pension to a traditional SIPP

  • Detailed investment knowledge required
  • Hundreds of funds to pick from
  • Platform fees, management fees and share dealing fees
  • Pensions usually only protected up to £50,000

Complete control and clarity over your pension

We combine all your old pensions and give you a brand new PensionBee plan. You get one simple pension and one clear balance that you can check any time. Everything is designed to give you total peace of mind.

PensionBee has put me back in control. I have since moved all my historical pensions across and LOVE being able to see them all in one place.

— Carly, Trustpilot

Combine your pensions for free

With PensionBee there’s no set up fee. Plus we combine your old pensions for free, where others will charge you between 1% and 3% of your pot. You can transfer almost any type of pension to us, including:

See how our costs compare

In comparison to other providers, PensionBee is likely to save you money. See how our Tracker and Tailored plans compare to other personal pension providers when you transfer £250,000 to a PensionBee pension.

Total fee

0.35%

-

Included

Included

0.35%

PensionBee Tracker

0.49%

-

Included

Included

0.49%

PensionBee Tailored

0.50%

-

0%

0.15%

0.35%

Fidelity

0.60%

-

0%

0.15%

0.45%

Hargreaves Landsdown

1.20%

0.60%

0%

0.15%

0.45%

Adviser

  • Adviser Fee **
  • Typical Fund Fee *
  • Platform Fee

* Most popular index tracker/ETF charge price of 0.15%. (source: Which) ** Average ongoing advice fee charged by financial advisers (source: Which, April 2018) These options may offer different services. This is simply a cost comparison.

  • Adviser Fee **
  • Typical fund Fee *
  • Platform Fee

* Most popular Index tracker/ETF typical fund charge price of 0.25%. (source: Which) ** Average ongoing advice fee charged by financial advisers (source: Which, April 2018) These options may offer different services. This is simply a cost comparison.

Our plans are designed to grow your retirement money over time.

Below is the performance of our Tracker plan since 2002.

Source: State Street Global Advisors. Factsheet available here

Warning: Past performance is not indicative of future performance. The unit price displayed does not include PensionBee's fees of up to 0.5% per annum, which will reduce returns. Note that fees are 0.25% for amounts over £100,000. Unit prices are presented in £ sterling and the value of your pension may be impacted by currency fluctuations.

David Angus, PensionBee customer

The BeeKeepers helped make signing up seamless. The whole process was so easy and painless that I didn't even really have to think about it!

— David (29), Marketing professional

Lynn James, PensionBee customer

My pensions were dotted around all over the place. I didn't know what they were worth, where they were. PensionBee have brought my pots all into one easy online plan. Simple.

— Lynn (39), Managing director

Juan Askew, PensionBee customer

PensionBee sorted a historical mess I had very quickly and easily. I didn't think I had the time to fix things, but PensionBee offered the perfect solution.

— Juan (48), PR consultant

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