PensionBee

Workers saved £114bn into pension pots in 2021, compared to £81.7bn in 2012

Online pension provider targets EBITDA profitability by end of 2023

The firm saw growth in a number of areas ‘despite global market volatility’

Claims centre on whether marketing incentives are a flag for transfers

Transfer times across majority of pension providers were tracked between 2018 and 2022

Digital pension provider now has a registered customer base of almost 800,000

An FoI shows only 5,989 unique referrals took place in its first 12 months

The online pension provider also increased AUM by 91% last year

PensionBee warns of the risk of mail fraud amid increased scam cases

Chancellor Rishi Sunak ruffles feathers by leaving glaring pensions issues on the sideline