PensionBee

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PensionBee is a British online personal pension scheme provider. It was co-founded in 2014 by its chief executive officer, Romi Savova, and chief technology officer, Jonathan Lister Parsons.

Contents

It is authorised and regulated by the Financial Conduct Authority. [1]

History

In 2021, PensionBee joined the High Growth Segment of the Main Market of the London Stock Exchange. [2] In April 2022, it transitioned to the Premium Segment of London Stock Exchange's Main Market, [3] and from 20 March 2023 PensionBee has been included in FTSE UK Index series as a constituent of the FTSE All-Share and FTSE SmallCap indices. [4] From December 2023, PensionBee has also been included as a constituent of the FTSE4Good Index. [5]

In the first half of 2024, the company added 23,000 new "invested customers", for a total of 252,000. Assets under administration grew 40 per cent in the same period to £5.2bn. [6] [7] In August 2024 the company announced a partnership with investment management firm State Street Global Advisors, for expansion into the US market. [7]

Leadership

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References

  1. "PensionBee Ltd". FCA.
  2. "London Stock Exchange welcomes PensionBee to the High Growth Segment of the Main Market". London Stock Exchange.
  3. "PensionBee joins London Stock Exchange Premium Segment as AUA hits £2.74bn". AltFi. April 21, 2022.
  4. "PensionBee Group plc - FTSE UK Index Inclusion" (Press release). PensionBee via Polaris.
  5. "FTSE4Good Index Series December 2023 Semi-Annual Review". Research FTSE Russell. December 8, 2023.
  6. "Stockpickers: PensionBee's promise lies in it being a scalable business" . Financial Times.
  7. 1 2 "PensionBee eyes US retirement market". Investors' Chronicle.
  8. "PensionBee Leadership". PensionBee. January 19, 2024.