PensionBee updates on US expansion

Customers to consolidate retirement plans into new individual account

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

PensionBee chief executive Romi Savova

PensionBee has provided an update on its expansion into the US, which will see customers have access to consolidation into individual retirement accounts (IRA).

The pension provider said it has partnered with a new US "global financial institution" via a final binding agreement, subject to regulatory approval. The £4.9bn UK-based pension provider said i...

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

More on Industry

Obituary: Peter McEwen

Obituary: Peter McEwen

The former Merchant Navy Officers Pension Fund chair passed away on 6 September

Professional Pensions
clock 11 September 2025 • 2 min read
Partner Insight: 30 years of 'unfathomable' change in pensions

Partner Insight: 30 years of 'unfathomable' change in pensions

John Towner, managing director of UK PRT at L&G, talks about 30 years of pension changes, highlights, and what the future holds for the industry.

John Towner, Managing Director of UK PRT at L&G
clock 11 September 2025 • 6 min read
Pension transfers being 'unnecessarily' delayed due to scam warning flags

Pension transfers being 'unnecessarily' delayed due to scam warning flags

PensionBee argues there is ‘no clear correlation’ between the number of scam flags and the number of scams occurring

Martin Richmond
clock 11 September 2025 • 3 min read
Trustpilot