|
PensionBee Group plc ("PensionBee"
or the "Company"), a leading online pension provider, is pleased to
announce that it has achieved Assets under Administration of over
£5 billion, reaching 250,000 Invested Customers in June
2024.
These important milestones have been
achieved through the continued delivery of the Company's strategy,
driven by a combination of high and consistent customer retention
and strong net inflows from new and existing customers.
Romi Savova, CEO of PensionBee,
commented:
"Reaching a quarter of a million Invested Customers across the
UK is a significant milestone in our journey, as we help to meet
the country's ever greater need for long-term retirement planning
and preparedness, creating Pension Confidence.
The continued growth of the business in line with our
ambitions, demonstrated by Assets under Administration of £5
billion, has been achieved through our prioritisation of delivering
excellent customer service, our scalable technology platform and
our innovative product designed to meet the needs of our customers.
We look forward to helping even more people achieve a happy
retirement."
Enquiries:
Press
press@pensionbee.com
+44 20 3557 8444
Becky O'Connor
Laura Dunn-Sims
Steven Kennedy
Analysts and Investors
investor@pensionbee.com
About PensionBee
PensionBee is a leading online
pension provider, making pension management easy for its customers
while they save for a happy retirement.
PensionBee helps its customers
combine their old pension pots, make flexible contributions, invest
in line with their goals and values and make withdrawals from the
age of 55 (increasing to 57 in 2028). PensionBee offers a range of
investment plans, including fossil fuel free and impact investing
options, from some of the world's largest asset
managers.
Operating in the UK Defined
Contribution market which exceeds £1 trillion of pension assets,
PensionBee has grown rapidly through its direct-to-consumer
marketing activities, creating a household brand name for the mass
market.
The Company has £5bn in Assets Under
Administration and 250,000 Invested Customers as at June 2024.
PensionBee has consistently maintained a Customer Retention Rate in
excess of 95% and an Excellent Trustpilot rating from more than
10,500 customers, reflecting its commitment to outstanding customer
service.
PensionBee is admitted to trading on
the Premium Segment of the London Stock Exchange's Main Market
(LON:PBEE).
|