PensionBee: Combine Pensions 1.31.25

Combine your old workplace pensions and SIPPs into a new online plan to save for a secure retirement. Please note, capital is at risk.

Reasons to consider PensionBee for your pension needs:

1. A modern pension app tailored for the 21st century
2. Consolidate old pensions or initiate a self-employed plan
3. Convenient contributions and withdrawals through the app or online, with the option to withdraw from the age of 55 (57 from 2028)
4. Access your pension balance around the clock
5. Recognized for outstanding customer service
6. Transparent fee structure with one straightforward annual fee
7. Simple sign-up process available on the app

PensionBee's App Features:

• Manage your pension digitally to avoid excessive paperwork
• Strives to simplify pension terms and conditions for easy comprehension
• Caters to individuals with different pension backgrounds, be it workplace schemes, limited company owners, or self-employed individuals
• Easily transfer former workplace, personal pensions and SIPPs

Combining Pensions or Starting a Self-Employed Pension:

• Simplify by consolidating pensions into a single accessible fund
• Avoid multiple management charges by consolidating pensions under one nominal annual fee
• If self-employed and in need of a pension, follow an uncomplicated process to set up and allocate funds to your PensionBee account
• Select from eight purpose-specific plans, including Impact and Fossil Fuel Free options for those interested in ESG and socially responsible investments

Contributions and Withdrawals Process:

• Easily top-up your pension with a few clicks
• Automatically receive a 25% tax bonus on eligible personal contributions
• Flexibility to make irregular or recurring payments with no set minimum contributions
• Streamlined withdrawal process directly to your bank account digitally starting at age 55 (57 commencing from 2028)

Effortless Pension Management:

• Leverage the retirement planner tool to forecast income and determine savings targets for your retirement objectives
• Monitor your pension balance and assess its performance continuously, available round the clock
• Keep tabs on any pending pension transfers

Award-Winning Customer Service:

• Prompt human assistance with dedicated UK-based account managers
• BeeKeepers available to guide you through every stage of managing your pension account, from registration to drawdown phase

Transparent Fee Policy:

• PensionBee’s plans feature clear-cut annual fees ranging from 0.50% to 0.95%, with reductions applicable on amounts exceeding £100,000
• A withdrawal charge of £150 may apply in specific situations; such as early withdrawals within the initial year of membership or if the account value falls below £150 at withdrawal time
• Benefit from a 30-day cancellation policy returning your pensions to previous providers free of charge, subject to their acceptance

FSCS Security Assurance:

• FSCS protection shielding savings in unforeseen circumstances where PensionBee or associated asset managers face financial distress. Your pension funds are backed by long-term insurance coverage guaranteeing up to full investment value protection, distinct from other providers providing limited safeguarding up to £85,000.

Simple Registration Process:

• Quick app signup in minutes without any charges upfront </ li > < li > Share your provider details or policy number to initiate an effortless transfer process </ li > < li > Rest assured as we handle all aspects of the transfer, providing updates at each step along the way </ li >

PensionBee is authorized and regulated by the Financial Conduct Authority.

Please be mindful that, similar to any investment, the value of your PensionBee pension may fluctuate, possibly resulting in lower returns than the initial amount invested.