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

SPP publishes Pension Schemes Bill call for evidence response

SPP publishes Pension Schemes Bill call for evidence response

SPP reiterates opposition to proposed mandation powers for scheme investment

Martin Richmond
clock 22 August 2025 • 3 min read
Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

Reeves eyes £2bn raid on tax-free pension lump sum, areas for Budget pension reform, BPA market expectations

Professional Pensions
clock 22 August 2025 • 1 min read
Good News Corner: PP staff walk 30km for charity

Good News Corner: PP staff walk 30km for charity

PP team walked 30km around London to raise money for Incisive Media foundation charities

Professional Pensions
clock 22 August 2025 • 1 min read
Trustpilot