PensionBee brushes off economic volatility fears to hit £3bn in AUA

Digital pension provider says it is growing ‘in line with ambitions’

Hope William-Smith
clock • 1 min read

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...

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