Tagged: online pension provider

July 6, 2024 @ 1:51 pm By Omar Faridi  |  

UK’s PensionBee, an online pension provider, has officially responded to the 2024 General Election result. Becky O’Connor, Director of Public Affairs at PensionBee, commented: “Today, we welcome a new government, and as they take office, we anticipate significant advancements in several key areas of pension… Read More

June 14, 2024 @ 12:28 pm By Omar Faridi  |  

Smart Pension, one of the UK’s workplace pension providers serving more than 1.4 million UK workers, and Wahed, the Islamic digital investment platform, have launched a new campaign supporting greater diversity and inclusion within workplace pension schemes. The initiative encourages Muslim employers and savers to… Read More

December 20, 2023 @ 9:57 am By Omar Faridi  |  

Pension savers choosing fossil-fuel free pension plans are likely to have seen higher returns during 2023 than those in mainstream default plans, according to analysis by PensionBee, an online pension provider. Comparing the MSCI ACWI ex. Fossil Fuels Index, which “excludes oil and gas producers,… Read More

December 9, 2023 @ 1:16 pm By Omar Faridi  |  

PensionBee notes that in recent years, the spotlight has intensified “on the role of investments in the climate debate.” As most consumers would hopefully know by now, ‘ESG‘ stands for Environmental, Social, and Governance. This is a framework used to “measure a company’s sustainability, workforce… Read More

December 5, 2023 @ 10:02 pm By Omar Faridi  |  

Smart Pension, one of the UK’s workplace pension schemes, has been appointed to provide a workplace pension by ISS UK, the nation’s workplace experience and facility management company. The appointment reportedly “represents some 19,000 active and 43,000 deferred employees and £200m in Assets Under Management.”… Read More

November 25, 2023 @ 2:18 pm By Omar Faridi  |  

New research from online pension provider, PensionBee, reveals a notable enthusiasm among c.1,000 UK pension holders “for the recently announced ‘pot for life’ pension model.” Over three-quarters (76%) of pension savers “expressed that they would consider opting for the new model, while only 5% of… Read More

October 19, 2023 @ 11:04 am By Omar Faridi  |  

Analysis by PensionBee, an online pension provider, has found that putting a pay rise in a pension now can “lead to a bigger rise in annual retirement income later on.” Regular pay including bonuses in the UK “rose 8.5% in the year to July 2023,… Read More

September 25, 2023 @ 10:34 am By Omar Faridi  |  

Online pension provider, PensionBee, is pleased to announce the appointment of Matthew Cavanagh as Chief Legal Officer and General Counsel. In 2015, Matthew served “as General Counsel to PensionBee.” He now rejoins as head of PensionBee Group’s legal function, “with responsibility for the provision of… Read More

August 29, 2023 @ 1:53 pm By Omar Faridi  |  

At least half of retirees could be missing out on hundreds of pounds of interest each year through “keeping their savings in accounts with rates of 3% or less a year,” according to new research. As high street banks have come under fire for failing… Read More

August 15, 2023 @ 8:45 am By Omar Faridi  |  

Students off to university for the first time this year could be “the first crop of graduates who face repaying their university debts into retirement,” according to PensionBee, an online pension provider. As noted in a blog post by PensionBee, this year’s Freshers will be… Read More

August 3, 2023 @ 8:13 am By Omar Faridi  |  

Pension savers have reportedly “contributed over 20% more to their pensions in Q2 2023 compared to the same period last year, despite persistent levels of high inflation,” according to new analysis from online pension provider, PensionBee. The average quarterly contribution amount “for female savers increased… Read More

July 20, 2023 @ 11:05 pm By Omar Faridi  |  

Almost half of people (46%) over the age of 55 who are paying off mortgages are worried about rising rates, continuing to meet repayments and how to pay their loans off in full, research from PensionBee, the online pension provider, suggests. The research carried out… Read More

July 2, 2023 @ 2:59 pm By Omar Faridi  |  

Two-in-three people are likely to take time out “to provide unpaid care at some point during their working life,” according to a new report from online pension provider, PensionBee. The Carer’s Pension Gap report highlights “the extent of unpaid care in the UK and how… Read More

June 20, 2023 @ 3:27 pm By Omar Faridi  |  

Analysis from online pension provider, PensionBee, reveals an increase in the number of pension savers who would like to see the oil sector completely excluded from their pension investments, from 15% in 2022 to 21% in 2023. PensionBee’s annual Tailored Plan survey, “which seeks to… Read More

June 12, 2023 @ 8:42 am By Omar Faridi  |  

PensionBee, an online pension provider, recently launched its State Pension Age Calculator, designed “to help savers evaluate if they can retire before they’re eligible to receive the State Pension.” The age people can “claim their State Pension has risen significantly since 2010 when the entitlement… Read More

June 5, 2023 @ 8:22 am By Omar Faridi  |  

Online pension provider PensionBee launches its new protection insurance offering in partnership with the UK’s tech-driven life protection specialist, LifeSearch. PensionBee customers can now “purchase fully digital mortgage and family life insurance, in addition to critical illness cover, via a simple compare, apply and buy… Read More

May 28, 2023 @ 10:58 pm By Omar Faridi  |  

PensionBee, an online pension provider, has made it possible for more savers to move their pensions quickly and efficiently with the adoption of an additional transfer service. ViaNova is “an industry working group that sets consistent open standards across fund providers, pension providers and platforms… Read More

May 21, 2023 @ 9:18 am By Omar Faridi  |  

Analysis from online pension provider, PensionBee, reveals that pension savers put significantly more money “aside for their retirement at the start of 2023 than they did in the latter part of 2022, despite persistent levels of high inflation.” The average quarterly contribution amount “for female… Read More

February 20, 2023 @ 11:47 pm By Omar Faridi  |  

PensionBee, a online pension provider, has calculated that “moving £1 trillion, the approximate value of UK defined contribution pension funds of around 28 million UK savers that are mostly held in ‘default’ investment plans, to ‘positive impact’ funds, could reduce the carbon footprint of UK… Read More

January 23, 2023 @ 8:49 pm By Omar Faridi  |  

The PensionBee Impact Plan has been created in collaboration with BlackRock, specifically in response to PensionBee customer feedback. This is an innovative new product which delivers active impact investing “to mainstream investors; through the PensionBee Impact Plan savers are able to invest in companies whose… Read More