How it works

Becoming a PensionBee customer’s easy! Simply download our app, or sign up online to start. You’ll need to provide some basic details: your legal name; current address; date of birth; and National Insurance number.

You can pick from our range of pension plans. Or, if you can’t decide, we'll invest you in our Tailored Plan. This is our default plan, as it automatically moves your money into safer assets as you grow older. And it’s free to switch plans.

There are two ways to start saving into your new pension. Either transfer your old pensions to PensionBee, or set up your first contribution.

To kickstart your pension transfers, we’ll need the names of your old pension providers and confirmation you’d like to transfer. The more information you can give us, the better! Not sure where your pensions are? Read our how to guide.

If you're self-employed, you can set up a new pension with a single contribution to your pension pot. Our flexible pension keeps you in control. There’s no minimum contribution, so you can save any amount, as often as you like.

Your personal account manager (known as your BeeKeeper) will provide regular updates every step of the way. If you’re combining, we’ll start by contacting your old providers.

If we discover that an old pension provider charges an exit fee of more than £10, or that your pension comes with special benefits or guarantees, we'll ask your permission before we complete the transfer.

On average, pension transfers can take around 12 weeks to complete. But, if you’d like to get the ball rolling on your retirement goals sooner you can contribute by Easy bank transfer in a few clicks.

Your money will typically arrive in your PensionBee account on the same day. And once we’ve received your funds, we’ll take care of your pension for one simple annual fee. So you can sit back and look forward to a happy retirement.