PensionBee UK

Want to understand your pension balance? Check out the latest episode of our #PensionConfident Podcast. Our host, Philippa Lamb was joined by Financial Journalist and Founder of Much More With Less; Faith Archer, Director at Fairer Finance; Tim Hogg, and our Senior Team Leader; Alex Langley to explore: 👉How to check how much you have in your pension, 👉what happens if you’ve lost your pensions, 👉how can you check if you’re on track for retirement, 👉how can you improve your pension balance; and 👉saving for a longer life. Listen to the full discussion here: https://lnkd.in/e_Yvg3nm

In the latest episode of Boardroom Uncovered, PensionBee UK CEO Romina Savova sat down with City AM UK Editor Jon Robinson and opened up about what sparked her to found the now London-listed platform and revealed what she describes as the big secret behind a successful pension. The entrepreneur set Pensionbee up almost a decade ago and has overseen its rapid growth after quitting a career in corporate finance after spotting a gap in the market. A decade since workplace pension schemes were introduced, the battle to encourage employees to merge their pension pots has heated up in recent months, with the likes of PensionBee facing competition from its rivals and more established providers such as Royal London. Watch the full episode here 👇 https://lnkd.in/eH4MvCcz

Did you know that the difference, on average, between men and women’s pension pots is £136,000?!? 🤯 Will YOU be able to retire and live the life you want? If the answer is I don’t know, then…. 🔈 New Episode Alert! 🔈 Navigating The Pension Maze. This episode is all about financial freedom, particularly relevant for women, freelancers, the self-employed and anyone who has had gaps in their PAYE pay or never been on PAYE. If you don’t have access to a professional financial advisor you need to listen to this! Tune in as I sit down with PensionBee UK CEO Romi Savova and Kia Commodore for an insightful conversation that uncovers why many hesitate to discuss pensions and how to overcome that fear. We dive into impactful strategies to secure your financial future, no matter your current stage in life. Join us to learn how small contributions today can lead to financial freedom tomorrow. Don’t miss out on these valuable insights! 🔗 https://lnkd.in/ehceCjZ8 #PensionAwareness #FinancialPlanning #PodcastDiscussion #FutureReady

It's challenging to know how much you need in retirement and it’ll largely depend on your individual circumstances. To help get an idea of how much you may need, the Pensions and Lifetime Savings Association created their ‘Retirement Living Standards’ to show you what life in retirement looks like at three different levels. The three standards of living, and how much you need based on your relationship status are: Minimum lifestyle: 👉£14,400 a year for a single person; or 👉£22,400 a year for a couple. Moderate lifestyle: 👉£31,300 a year for a single person; or 👉£43,100 a year for a couple. Comfortable lifestyle: 👉£43,100 a year for a single person; or 👉£59,000 a year for a couple. To get a more tailored and detailed look at how far your pension savings could go in retirement, check out our Pension Calculator on our website or your Retirement Calculator in your BeeHive if you’re a PensionBee customer. Capital at risk.

And that's a wrap on our new ad campaign! Keep an eye out for some of our lovely customers featured, and a few familiar faces.👀🐝

The US Federal Reserve (America’s version of the Bank of England) recently cut interest rates in a bid to boost the US economy. This decision not only impacts the US, but can also create a ripple effect around the world. When interest rates are cut borrowing becomes cheaper, so companies usually take the opportunity to invest in their growth. So why does this matter to you? Your pension is likely to be invested in US companies via the main US stock market - the S&P 500. Among the 500 companies listed are Apple, Google and Nvidia which are often referred to as the ‘Magnificent Seven’. Due to their high valuations, most pension funds will be invested in them. Find out more by reading the full article.👇