PensionBee sees 23% year-on-year AUM increase

Invested customers increased by 44% year-on-year to 198,000 according to Q1 trading update

Jasmine Urquhart
clock • 1 min read
Image: PensionBee chief executive Romi Savova
Image:

Image: PensionBee chief executive Romi Savova

PensionBee assets under administration (AUM) increased by 23% to £3,379m since March last year, according to its latest trading update.

The trading update, issued today (20 April) on the London Stock Exchange, showed continued customer growth, with its invested customer base having increased by 44% year-on-year to 198,000. The t...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions
member?

Login

Jasmine Urquhart
Author spotlight

Jasmine Urquhart

Senior Correspondent at Professional Pensions

More on Admin / Technology

Dashboard Operators Coalition launches

Dashboard Operators Coalition launches

Just Group, L&G, Moneyhub and Standard Life are initial members of the group

Jasmine Urquhart
clock 25 March 2024 • 2 min read
Admin emerging from the shadows as trustees recognise it as 'key asset'

Admin emerging from the shadows as trustees recognise it as 'key asset'

Professional trustees discuss how scheme admin is evolving to meet new challenges

Girish Menezes
clock 13 March 2024 • 3 min read
PP launches 2024 Administration Survey

PP launches 2024 Administration Survey

Survey looks to track industry attitudes to both in-house and outsourced administration

Professional Pensions
clock 12 March 2024 • 1 min read
Trustpilot