Description
PensionBee Group PLC is engaged in the provision of direct-to-consumer online pensions. It generates a vast majority of its revenue in the form of fees it charges to its customers daily, calculated by reference to the value of their retirement savings which make up PensionBee's AUA. Other revenue comprises revenue from one-off ancillary and ad-hoc services including pension splitting on divorce, early withdrawals owing to ill health, and full drawdown within one year of becoming an Invested Customer. It operates in a single geographical location, being the United Kingdom.
