{{Short description|British online personal pension scheme provider}} '''PensionBee''' is an online personal pension scheme provider operating in the UK and the US. It was co-founded in 2014 by its chief executive officer, Romi Savova, and chief technology officer, Jonathan Lister Parsons.
It is authorised and regulated by the Financial Conduct Authority in the UK.<ref>{{Cite web|url=https://register.fca.org.uk/s/firm?id=001b000003LtjPQAAZ|title= PensionBee Ltd. |website=FCA}}</ref> It is authorised and regulated by the Securities and Exchange Commission in the US.<ref>{{Cite web|url=https://reports.adviserinfo.sec.gov/crs/crs_331741.pdf|title= PensionBee Inc |website=Adviser Info SEC}}</ref>
== History ==
'''UK Operations'''
In 2021, PensionBee joined the High Growth segment of the main market of the London Stock Exchange.<ref>{{Cite web|url=https://www.londonstockexchange.com/discover/news-and-insights/london-stock-exchange-welcomes-pensionbee-high-growth-segment-main-market|title= London Stock Exchange welcomes PensionBee to the High Growth Segment of the Main Market |website=London Stock Exchange}}</ref> In April 2022, it transitioned to the Premium segment,<ref>{{Cite web|url=https://www.altfi.com/article/9127%2Bpensionbee-joins-london-stock-exchange-premium-segment-as-aua-hits-274bn|title=PensionBee joins London Stock Exchange Premium Segment as AUA hits £2.74bn|date=April 21, 2022|website=AltFi}}</ref> and from 20 March 2023 PensionBee has been a constituent of the FTSE All-Share and FTSE SmallCap indices.<ref>{{cite press release|url=https://polaris.brighterir.com/public/pension_bee/news/rns/story/x21n7lw|title= PensionBee Group plc - FTSE UK Index Inclusion|publisher=PensionBee|via=Polaris}}</ref> From December 2023, PensionBee has also been included as a constituent of the FTSE4Good Index.<ref>{{Cite web|url=https://research.ftserussell.com/products/index-notices/home/getnotice/?id=2611057|title=FTSE4Good Index Series December 2023 Semi-Annual Review |date=December 8, 2023|website=Research FTSE Russell}}</ref>
'''US Operations'''
PensionBee launched its US operations in July 2024, partnering with State Street.<ref>{{Cite web|url=https://www.londonstockexchange.com/news-article/PBEE/announcement-of-us-launch/16573731|title= PensionBee Inc. |website=LSE}}</ref> The platform aims to simplify retirement savings for American consumers by allowing them to consolidate and roll over their 401(k) plans into new Individual Retirement Accounts (IRAs). To support this expansion, PensionBee raised approximately $25 million (£20 million) in October 2024.<ref>{{Cite web|url=https://www.proactiveinvestors.com/companies/news/1072333/ajax-resources-applies-for-aquis-listing-and-plans-raise-to-advance-argentine-projects.html|title= PensionBee Inc. |website=Proactive Investors}}</ref>
In the first half of 2025, the company added 21,000 new "invested customers", for a total of 286,000. Assets under administration grew in the same period to over $8bn globally.<ref>{{Cite web|url=https://www.ft.com/content/9096491f-fe61-45ea-b565-8963e39fcfb2|title= Stockpickers: PensionBee's promise lies in it being a scalable business |website=Financial Times|date= 7 September 2024 |url-access=subscription |last1= Carr |first1= Rosie |last2= Robinson |first2= Mark |last3= Slingo |first3= Jemma |last4= Fahy |first4= Michael }}</ref><ref name="ic1">{{Cite web|url=https://www.investorschronicle.co.uk/content/033dba64-a679-5302-b9e4-7c181494501e|title=PensionBee eyes US retirement market|website=Investors' Chronicle}}</ref> In August 2024, the company announced a partnership with investment management firm State Street, for expansion into the US market.<ref name="ic1"/>
== Leadership == *Non-Executive Chair: Mark Wood *Senior Independent Director: Mary Francis *Chief Executive Officer: Romi Savova *Chief Technology Officer: Jonathan Lister Parsons *Chief Financial Officer: Christoph J.Martin<ref>{{Cite web|url=https://www.pensionbee.com/investor-relations/leadership|title=PensionBee Leadership |date=January 19, 2024|website=PensionBee}}</ref>
== References == {{reflist}}
== External links == *{{official}}
Category:Financial services companies based in London Category:Companies listed on the London Stock Exchange Category:British brands Category:Pensions in the United Kingdom