PensionBee claims to have £250m (just £100m) in assets under management (AuM), with a similar amount of pension assets in transit, putting it on track to become one of the top three digital wealth managers in the UK, based on AuM. The two-year-old start-up has seen AuM grow sharply since December 2017, after announcing a number of partnerships, including a deal with State Street which saw the US Trust bank take a strategic minority stake. PensionBee aggregates legacy pensions aiming to simplify retirement savings for customers.
PensionBee claims to have £250m (£318m) in assets under management (AuM), with a similar amount of pension assets in transit, putting it on track to become one of the top three digital wealth managers in the UK, based on AuM. The two-year-old start-up has seen AuM grow sharply since December 2017, after announcing a number of partnerships, including a deal with State Street which saw the US Trust bank take a strategic minority stake. PensionBee aggregates legacy pensions aiming to simplify retirement savings for customers.