PensionBee: Combine Pensions

PensionBee Ltd

About this app

Combine your old workplace pensions and SIPPs into a new online pension plan so you can save for a happy retirement. Capital at risk.

Why choose PensionBee for your pensions?

1. A pension app built for the 21st century
2. Combine old pensions or start a self-employed one
3. Make contributions and withdrawals in our app or online - withdrawals from the age of 55 (57 from 2028)
4. Keep track of your pension balance 24/7
5. Award-winning customer service
6. Transparent - one simple annual fee
7. It’s easy to get started - sign up in the app.

A pension app built for the 21st century
• Avoid the paperwork - manage your pension through our app or website.
• We aim to make pensions easy to understand by avoiding jargon.
• Whether you have a workplace pension, own a limited company or are self-employed we can help you stay on top of your retirement savings
• Transfer old workplace, personal pensions and SIPPs
• An easy-to-understand online annual statement.

Combine your old pensions or start a self-employed pension
• Combine your pensions into one easy-to-manage pot
• Avoid separate management fees when you combine pensions, pay just one simple annual fee
• Self-employed and need a pension? Simply tap “Self-employed/Limited company pension” on the "Setting up your pension" screen when signing up. You’ll then be able to open and add some money to your PensionBee account
• Choose from six purpose-built pension plans including our Climate Plan, for those interested in sustainable investing. All are managed by some of the world’s largest and most experienced money managers. Switch plans at any time.

Contributions and withdrawals in the app or online
• Top-up your pension in just a few taps
• We’ll automatically claim your 25% tax top-up from HMRC on eligible personal contributions
• Skip the tedious paperwork. Make one-off or schedule automatic monthly withdrawals straight to your bank account digitally with no minimum contributions from the age of 55 (57 from 2028).

Stay on top of your pension
• Use our Retirement Planner to see what your retirement income could be and how much you need to save to reach your retirement goals
• Check your pension balance and track its performance 24/7
• Keep track of any outstanding pension transfers.

Friendly, award-winning customer service
• Get human support with your very own UK-based account manager
• Our BeeKeepers are on hand to look after you and your pension, from sign up to drawdown.

Transparent - no hidden fees
• Our plans have one simple annual fee ranging from 0.50% to 0.95%. We halve that fee on the portion of your pension over £100,000
• If your pension pot has been with PensionBee for less than a year and you wish to withdraw it in full, then a full withdrawal fee of £150 applies, including if the value of your account is less than £150 at the point of withdrawal
• There’s also a 30-day cancellation policy, which means we’ll return your pensions to your old providers free of charge - assuming they’re also willing to take them back.

FSCS protected - up to 100% of value
• FSCS protection for your savings in the unlikely event that we, or one of our money managers, fails. Due to the structure of our investments your pension savings are protected through a contract of long-term insurance up to 100% of their value once fully invested with us, unlike some providers where your pension’s only protected up to £85,000.

It’s quick and easy to get started - sign up in the app
• Sign up in minutes for free
• Tell us about your pensions by sharing your provider name or policy number, then confirm you’d like to transfer
• Leave the rest to us! We’ll reach out to your provider to transfer your pension and keep you updated every step of the way.

PensionBee’s authorised and regulated by the Financial Conduct Authority.

As with any investment, the value of your PensionBee pension can go down as well as up and you may get back less than you started with.

Ratings and reviews

Not the worst app I've ever used and the customer service agents are nice enough. Investment performance seems decent enough so far. But, tectonic plates move faster than any transfers and any contributions. Seriously, you find yourself forgetting you even transfered something. Can take weeks on end, even for cash. Painfully slow in a world where money transfers etc are instant. No idea why these guys can't do the same.

Guys. Fix the app. Its 2026 and your app is still unusable. Whoever designed and implemented interaction on the screen should be sent to gulags. Its impossible to set contribution, changing sum by 10 or even 50 does not even require moving a finger, simple change of pressure on screen will move it by hundreds. While scrolling the page will just change all the inputs on the screen no matter where the finger touches the screen.

Woved over from Aviva to PensionBee and don't regret it. I can manage withdrawals online easily. If I was being picky then the user experience isn't great, could do with some improvement.

What’s new

Fixed a bug that could leave the app stuck on a blank screen when opening.

A few small visual tweaks, including neater checkboxes and dividers.

Any feedback, get in touch at [e-mail]