I opened my first ever pension with PensionBee last week and I’m genuinely impressed so far. The sign‑up process was quick, clear, and completely stress‑free — ideal for someone who’s never had a... See more
While we don't verify specific claims because reviewers' opinions are their own, we may label reviews as "Verified" when we can confirm a business interaction took place. Read more
To protect platform integrity, every review on our platform—verified or not—is screened by our 24/7 automated software. This technology is designed to identify and remove content that breaches our guidelines, including reviews that are not based on a genuine experience. We recognise we may not catch everything, and you can flag anything you think we may have missed. Read more
Review summary
Created with AI, based on recent reviews
What people talk about most
Reviews shaping this summary
Company details
Written by the company
PensionBee helps you combine your retirement savings into a new online account, which you can manage from the palm of your hand. We’re a global leader in the consumer retirement market with over $7 billion in assets on behalf of more than 300,000 customers. Founded in 2014, we aspire to build pension confidence so that everyone can enjoy a happy retirement. PensionBee accounts are invested by the world’s largest investment managers, collectively looking after more than $10 trillion in savings between them. Each of our customers has a personal account manager (“BeeKeeper”) to guide them through their savings and retirement journey. We have an “Excellent” Trustpilot rating based on over 10,000 reviews. As a public company, we aspire to the highest standards in everything we do because our customers deserve peace of mind. Our team of over 200 pension professionals, based in London and New York, has one focus: you, our customer. When investing, your capital is at risk.
What we do for you
Written by the company

- Be pension confident. Combine, contribute and withdraw online. All in one place.
- Manage your pension from the palm of your hand: check your real-time balance, see your projected retirement income, and set up contributions and withdrawals online
- Use the PensionBee Pension Calculator to set a retirement goal and top up your savings to get on track.
- Your personal BeeKeeper will be on hand to look after you and your pension, from sign up to drawdown.
- Our pensions are managed by some of the world's largest money managers – State Street, HSBC and BlackRock.
- Pay just one fair and transparent fee between 0.50% to 0.95%, depending on the plan you choose.
Contact info
209 Blackfriars Road, SE1 8NL, London, United Kingdom
- 020 3457 8444
- contact@pensionbee.com
- pensionbee.com
At Trustpilot, it's all about human content. This business can also access our AI-assisted response tool which helps them draft replies.
How this company uses Trustpilot
See how their reviews and ratings are sourced, scored, and moderated.

Reply from PensionBee
An excellent choice of investments and…
An excellent choice of investments and equally good customer service. Could not have been easier to open my new pension.

Reply from PensionBee

Reply from PensionBee
They no good I have personal experience
They no good I have personal experience

Reply from PensionBee
I would strongly caution any vulnerable…
I would strongly caution any vulnerable customer considering PensionBee.
My experience has raised serious concerns about how vulnerable customers are treated in practice, compared to how support is described.
I am recorded by PensionBee as a vulnerable customer due to health issues. Despite this, I found that when making important financial decisions — specifically a pension withdrawal — the information provided to me was not presented in a way that properly reflected the real-world consequences.
While generic warnings were given, the practical impact of the withdrawal (particularly the tax treatment) was not explained clearly enough for me to make a properly informed decision. As a result, I suffered a significant and unexpected financial impact.
What is particularly concerning is what happened next.
When I raised this as a complaint, the response was defensive and repetitive. Rather than addressing the substance of the issue — namely whether the communication was clear, fair, and appropriate given my vulnerability — the focus remained on standard explanations about HMRC rules and generic risk warnings.
At no stage was there any meaningful reflection on:
– whether the information was actually understood
– whether it was presented in a way suitable for a vulnerable customer
– whether additional safeguards or explanations should have been applied
In addition, I experienced a separate issue where I was unable to access my account due to a system bug, which PensionBee later acknowledged. While this was eventually resolved, it added further stress at an already difficult time and raised concerns about reliability and communication during critical periods.
Overall, my experience highlighted a pattern:
– Reliance on generic, template-style communications
– A lack of genuinely tailored support despite known vulnerability
– A defensive approach to complaints rather than a problem-solving one
I fully appreciate that PensionBee operates as an execution-only provider. However, that does not remove the obligation to ensure that communications are clear, fair, and not misleading — particularly where the consequences are foreseeable and significant.
Based on my experience, there appears to be a gap between stated standards (including Consumer Duty expectations) and how cases are handled in reality.
I am currently pursuing the matter through formal channels.
If you are a vulnerable customer, I would strongly recommend seeking independent financial advice before making any decisions and not relying solely on platform guidance.
It was so easy!
It was so easy. One lost pension located and transferred within a couple of weeks with one more still being looked into. I had to do very little to get here. Very impressed so far!

Reply from PensionBee
Amazing company
Amazing company
My bee keeper Kyle was excellent
Fantastic communication
Nothing to much trouble
If i email him i had reply same day
Would highly recommend this company to anyone

Reply from PensionBee
Absolutely great simple procedure very…
Absolutely great simple procedure very quick to access funds

Reply from PensionBee
Easy to use and quick to access
Really easy to use
Go through the whole process took best part of 15min maximum
Uploaded all details and had a response back very quickly
The transfer of pension was easy and straight forward and questions I had just ask you "beekeeper "
Phone or chat very easy
Would definitely recommend
Using the app is as easy as well
Security is very good so no worries on that part

Reply from PensionBee
slow transfer
Im finding pension bee very slow at transferring pensions across. As a new customer i expected a bit more get go with them.

Reply from PensionBee
Very easy transition to PesionBee
A very easy transition for my pension from the previous holder. A slow process overall but informed when things occurred. The web site is simple and straightforward which is what I wanted.
I intended to use PensionBee for my drawdown and took 25% tax free from my pot.
Unlucky with my timing as my pot dropped since 1st January 2026 and even further when it arrived with PensionBee. I lost money in my tax free amount because of that.
Further drawdown will be stopped until the markets stabalise and I can see if PensionBee is a good investment or whether my pot continues to fall. Only time will tell.
4 star instead of 5 star because of the loss situation at the moment.

Reply from PensionBee
Excellent service
Excellent service ; very easy to set up my personal pension - very quick and reliable ; highly recommended

Reply from PensionBee
Any query I had while transferring from…
Any query I had while transferring from my old pension scheme was made very easy. It took a little while due to security etc from previous scheme but overall very easy

Reply from PensionBee
It was so simple to switch my pension…
It was so simple to switch my pension to you from another company.

Reply from PensionBee
Easy to open and clear info
Easy to open with clear information. Support was really helpful in clarifying my questions and providing details.

Reply from PensionBee
Unprofessional
Unprofessional. Unable to communicate in an effective manner. Unable to rectify mistakes they’ve made. Little respect given towards members time, expected to wait on the phone hours while they fix their software and IT glitches.

Reply from PensionBee
The Trustpilot Experience
Anyone can write a Trustpilot review. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active.
Companies can ask for reviews via automatic invitations. Labeled Verified, they’re about genuine experiences.
Learn more about other kinds of reviews.
We use dedicated people and clever technology to safeguard our platform. Find out how we combat fake reviews.
Learn about Trustpilot’s review process.
Here are 8 tips for writing great reviews.
Verification can help ensure real people are writing the reviews you read on Trustpilot.
Offering incentives for reviews or asking for them selectively can bias the TrustScore, which goes against our guidelines.







