Yes, PensionBee’s authorised and regulated by the Financial Conduct Authority (FCA) (FRN: 744931). You can see this in the Financial Conduct Authority’s register.
At PensionBee, we take the security of your personal information very seriously. We take various administrative, legal, technical and physical precautions. This ensures the security of your information. All in line with the Data Protection Act 2018 and the UK General Data Protection Regulation (“UK GDPR”). By entering your information into our system, you give us permission to use your information in line with our Privacy Policy.
Yes. A typical PensionBee customer will be invested in the PensionBee Personal Pension. Our money managers will keep these assets safe using global custodians. This includes:
The holdings in the PensionBee Personal Pension are structured as long-term insurance contracts. If our money managers collapse, we’ll contact the Financial Services Compensation Scheme (FSCS). If they accept our claim, they’ll cover 100% of the pension - with no upper cap. PensionBee will pursue compensation on your behalf.
Information on the FSCS applicability to pensions and to PensionBee is available here.