Personal pension provider PensionBee surpassed £3bn in assets under administration (AUA) this month, a London Stock Exchange update shows.
The digital pension provider today (28 November) said it was growing "in line with ambitions" as it confirmed the £3bn AUA milestone. PensionBee said the results came "despite the macroeconomic volatility" that has plagued the UK this year and was driven predominantly by a combination of strong net inflows and high customer retention rates. "The ongoing growth in our AUA results from our commitment to delivering outstanding customer service and helping more people prepare for a happy retirement," chief executive Romi Savova said. "We are growing the business in line with our ambitions...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes