Join our community of smart investors

PensionBee reiterates profit guidance

The online pension provider is still focused on customer acquisition
March 17, 2022
  • Invested customer base heading in the right direction
  • Adjusted profits expected by the year-end

PensionBee’s (PBEE) financial performance is largely of secondary importance to its ability to attract clientele. All the same, an 85 per cent increase in annual run rate revenue will have pleased management, although you imagine potential investors would have paid more attention to the 70 per cent increase in the number of invested customers to 117,000. The number of registered users who decided to become invested through the platform edged up by a single percentage point year on year to 18 per cent.

This is subscriber only content
Start your trial to keep reading
PRINT AND DIGITAL trial

Get 12 weeks for £12
  • Essential access to the website and app
  • Magazine delivered every week
  • Investment ideas, tools and analysis
Have an account? Sign in