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Who is Pension Bee? We Take a Closer Look

Pension Bee, the UK’s number one pension comparison site, has been in business since 2010, and they are growing rapidly with some big names like Virgin Media behind them, so they must be doing something right. But what exactly are they doing right?


That’s what we’re going to discuss in this article.


Who is Pension Bee

The history of PensionBee

PensionBee was started in 2013 by Kevan Charles as a side project to address two specific problems that he often saw in the investment management world: charging high fees on low-risk investments and barriers to wealth accumulation.


Kevan knew that there had to be an easier way for the average person with modest financial means to accumulate their own wealth, and so he set out on his quest.


Through several years of research, starting with low-fee index funds and then investigating automation technologies like robo advisors, Kevan came up with what we now know as the PensionBee system: an automated, low-cost investment solution designed for people who are taking it upon themselves to save for retirement.


How does PensionBee work?

PensionBee is an online platform that connects users with pensions experts who can give advice about the best pension for their circumstances. This can be to answer questions, or to provide expert knowledge when it comes to researching different products.


With so many different types of pensions available on the market it's hard to know which one suits you best and what the consequences are for your future. While it's possible to self-research, without guidance from someone who understands all the complexities this process could take some time and result in unwanted stress and disappointment.


Features and Benefits of PensionBee

PensionBee has everything you need to get started on your pension. You can start by estimating how much you will need. After that, you can access this site to keep up with your finances and be more educated about the future.


As an added bonus, they also offer unbiased investment advice so that you have one less thing to worry about in the coming years. With PensionBee, you will be set for retirement no matter what comes up!


Rating, Comparison, Statistics

Pension Bee is an online pension account. In England, the pension system usually means that when someone retires, they are given the same income until they die. Pension Bee simplifies things and replaces the need for retirees to be proactive with their finances.


There are two main sections on the website:

1) My Account and

2) Latest News and Benefits.


The personalised account gives users details of how much money they have in their personal pot which can be accessed at any time by clicking on 'My Account'. Meanwhile, Latest News and Benefits gives people information about how much tax relief will benefit them over different incomes as well as links to other articles about pensions in order to provide advice.


Pension Bee's Future Plans

PensionBee wants to make sure your finances are on track no matter what life throws at you. They offer 100% transferable lifetime pensions, to help those with any changes in their financial situation such as having children, getting divorced or paying off debt.


Pensions provide security and stability that a monthly pension cannot provide, so if you're unsure about the best retirement plan for you, PensionBee would be happy to discuss your options with you.


The Bottom Line

PensionBee aims to be the retirement provider for all UK residents, regardless of what pension they are registered with. While they are not in competition with pension providers as such, they work with providers to help their customers reach their savings goals.

There are four ways that PensionBee can help:


  • tax-efficient advice,

  • low cost investments,

  • lower risk,

  • and personalised plans


This type of service is essential because people need to take an active role in order to save for retirement and rely on the state less and less as time goes on.


The team behind this project has decades of experience in various financial services sectors and want it be clear that this new company will never invest money or collect data from clients without permission first.



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