{"id":48750,"date":"2018-05-21T00:05:53","date_gmt":"2018-05-20T23:05:53","guid":{"rendered":"https:\/\/startups.co.uk\/startups-100\/?p=48750"},"modified":"2021-02-03T11:14:51","modified_gmt":"2021-02-03T11:14:51","slug":"22-pensionbee","status":"publish","type":"post","link":"https:\/\/startups.co.uk\/startups-100\/2018\/22-pensionbee\/","title":{"rendered":"22. PensionBee"},"content":{"rendered":"

Founders: <\/strong>Romi Savova and Jonathan Lister
\nFounded: <\/strong>November 2014 (Launched January 2016)
\nWebsite: <\/strong>www.pensionbee.com<\/a><\/p>\n

Nobody likes to think about their pension. Luckily, Young Guns Romi Savova and Jonathan Lister<\/a> are here to take care of your pension for you.<\/p>\n

Their business, three-time Startups 100-listed PensionBee<\/a> combines all of your old pensions into one plan, enabling you to manage your pensions just like you manage your bank account.<\/p>\n

You then share an annual management fee between the company and the money manager (either BlackRock, State Street or Legal & General).<\/p>\n

Savova was inspired to start the business after making a mess of moving a pension from a previous employee, suffering the “painful process” of calling providers, filling out paperwork and understanding complicated products.<\/p>\n

Despite being a finance professional, she found the process very complicated and discovered that many others felt the same: 60% of savers have admitted that they don’t know how much they have saved for retirement.<\/p>\n

PensionBee makes that concern a thing of the past.<\/p>\n

Through its platform you can check your live pension balance, make contributions online, and use a smart calculator to plan your saving.<\/p>\n

Over 15,000 customers currently have active accounts at PensionBee, while another 70,000 have signed up (Savova and Lister plan to turn 40,000 of these sign-ups into customers by the end of the year).<\/p>\n

Alongside customer acquisition, PensionBee has a number of exciting developments in the pipeline including the introduction of a mobile app, new pension plans and some more innovative partnerships.<\/p>\n

By this time next year, the business expects to have combined £500m of pension money for 50,000 customers.<\/p>\n

PensionBee thinks managing your pensions should be like the Apple or Amazon experience: simple, easy and fun. So whether you’re worrying about managing your pension or have lost track of multiple pension, PensionBee will make the whole process hassle-free.<\/p>\n\n","protected":false},"excerpt":{"rendered":"

Founders: Romi Savova and Jonathan Lister Founded: November 2014 (Launched January 2016) Website: www.pensionbee.com Nobody likes to think about their pension. Luckily, Young Guns Romi Savova and Jonathan Lister are here to take care of your pension for you. Their business, three-time Startups 100-listed PensionBee combines all of your old pensions into one plan, enabling you to manage your […]<\/p>\n","protected":false},"author":91134,"featured_media":48937,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[183],"tags":[],"class_list":["post-48750","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-183"],"acf":[],"yoast_head":"\n22. 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