PensionBee posts 103% year-on-year revenue growth

The online pension provider also increased AUM by 91% last year

Hope William-Smith
clock • 1 min read
Savova: “We are delighted to report another period of strong operational and financial performance."
Image:

Savova: “We are delighted to report another period of strong operational and financial performance."

Online pension provider PensionBee has posted year-on-year revenue growth of 103% as well as 91% increase in assets under administration (AUM) for 2021.

The success brings the company's total AUM to £2.6bn - ahead of the £1.4bn accumulated in 2020 -which it said was driven by strong net flows from both new and existing customers. PensionBee's re...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

Hope William-Smith
Author spotlight

Hope William-Smith

Editor at Professional Adviser

View profile
More from Hope William-Smith

Chair of The Pensions Ombudsman Caroline Rookes dies

DC pension holders now waiting an average of 29 days for transfers

More on Defined Contribution

DC entering 'new phase' with master trusts now 'dominant' in large scheme market
Defined Contribution

DC entering 'new phase' with master trusts now 'dominant' in large scheme market

Howden research reveals master trusts now account for 41% of large DC schemes

Holly Roach
Holly Roach
clock 09 July 2026 • 1 min read
UK Pension Schemes Act - Turning reform into better retirement outcomes
Defined Contribution

UK Pension Schemes Act - Turning reform into better retirement outcomes

Steve Charlton says reforms should be judged by whether they actually improve outcomes

Steve Charlton
clock 06 July 2026 • 3 min read
Private markets putting increased focus on DC asset allocation
Defined Contribution

Private markets putting increased focus on DC asset allocation

Hymans says VfM framework could be one of the most ‘significant’ DC market developments in recent years

Martin Richmond
Martin Richmond
clock 06 July 2026 • 4 min read
Trustpilot