We strive to deliver a product that helps fulfil our mission to enable everyone to look forward to a happy retirement. Over the years, we’ve launched a host of features to support our customers no matter where they are on their retirement journeys. From the Inflation Calculator; to help you see how inflation impacts the value of your pension pot over time, to Easy bank transfer; which makes contributing to your pension faster and more convenient to name but a few.
In this series, we’ll be showcasing some of our recent innovations that make saving, planning and adjusting for life in retirement easier.
Add non-PensionBee pots to your Retirement Planner
Our Retirement Planner is built to show you how much income you could have in retirement based on the age you hope to retire at and your desired annual retirement income. It’ll also help you understand how much you need to save and how long your pension could last. When you’ve got multiple pension pots spread over different pension providers it can be difficult to fully understand how much income you could expect to receive in retirement.
Get a full picture of your retirement income
With our new feature, you can add the values of up to five additional pensions from other providers into the Retirement Planner. If you have pensions from previous jobs or even your existing workplace pension, you can now see your combined retirement savings all in one place, rather than just your PensionBee pension savings.
How do I add my other pensions?
Log in to your BeeHive through our website or app and open the ‘Analytics’ tab. In the app tap ‘Retirement Planner’ after you open the ‘Analytics’ tab.
All you need to know is the name of your other provider(s) and how much is in your pension(s) with them. If you don’t see the name of your provider listed just select ‘Other’. Once you’ve added that information, your projected retirement income will be automatically adjusted!
Combining your pensions has many advantages, so if you’re ready, you can transfer your other pots and manage them in one place. You can do this from the Retirement Planner by selecting the ‘Transfer my other pensions’ button. You can also tap the ‘Funds’ tab in the app or the ‘Transfers’ tab when logging in through our website.
Consolidate your pensions online
Get started in 5 minutes. Why not take a look now and see how easy it could be to take control of your pensions?
Capital at risk
Discover great content in our app
At PensionBee we share lots of pension news, insights and educational content via our blog; The Buzz, Pensions Explained, Pension Confident Podcast and YouTube channel, so there’s always a reason to come back and see what is new. That may include how your pension is impacted by changes in legislation or tips to help the self-employed with their retirement savings.
Whilst we’ve long produced lots of helpful content, we wanted to make it even more accessible to customers who access their accounts via the app. If you use the PensionBee app, you may have noticed that we’ve started to introduce some of our blog articles, videos and The Pension Confident Podcast for you to read, watch and enjoy whilst using the app.
What you’ll discover
There’s plenty of great content to get stuck into. Each week we feature hand-picked articles. You can find out how the latest change in interest rates impacts your pension, read about one of the innovative companies in our Impact Plan or learn how you can get financially fit and much more.
With our app’s podcast player, it’s easy to listen to the latest episode of The Pension Confident Podcast. You’ll hear from our host Philippa Lamb each month and get insights from a panel of financial experts. Our podcast digs into topics that really matter, from common financial mistakes and how to avoid them, to whether you should save into a pension or an ISA. Each episode includes links to articles via the show notes and resources to explore topics in more depth as well as the episode’s transcript.
Where can I find the ‘Discover’ tab?
You can find the ‘Discover’ tab by opening the PensionBee app and tapping the ‘(?)’ icon in the top right-hand corner. From here you can read, watch and listen to our content whenever you want.
Check back in the app regularly to discover new content. We feature new articles each week and the latest episode of The Pension Confident Podcast each month. But watch this space, we’ll be bringing more exciting changes to your reading, watching and listening experience in the app this year to help you build your pension confidence to save for and manage life in retirement.
Future product news
Keep your eye out for our next product update. We’ve got more great new features in the works that we’re looking to bring to you throughout the rest of the year. We’ll let you know what they are, how they can help you save for a happy retirement and how to get started.
Risk warning
As always with investments, your capital is at risk. The value of your investment can go down as well as up, and you may get back less than you invest. This information should not be regarded as financial advice.