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 December 2017 start-up has seen AuM grow sharply since two-year-old, 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.