PensionBee Group PLC (GB:PBEE) has released an update.
PensionBee Group plc, a prominent online pension provider, has announced its expansion into the US market, targeting the vast Defined Contribution pension sector with an aim to manage $20-25 billion in assets over the next decade. The company’s US subsidiary will offer an online platform for consolidating retirement plans and has partnered with State Street Global Advisors for investment management and marketing support. PensionBee, with over £5 billion in UK assets and a high customer retention rate, is leveraging its successful business model and strategic partnerships to replicate its UK success in the US.
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