Is Pension Bee any good?

Phil&Michelle

Looking a switching a stakeholder pension from Virgin and wondered if Pension Bee was any good?

dunstonh

Virgin is just about one of the worst options out there on the retail market. So, anything is likely to be better.

Pensionbee has its investment models and it is no better or worse than any other investment model. As a self directed option, it is neither DIY or advised. So, as long as you dont want the cheapest or dont need advice, it does exactly what it says it does.

PensionBee

Hi Phil & Michelle,
If you have any questions regarding our product, give me a buzz.

Jasper
On behalf of PensionBee

Credit-Crunched

Can I ask a genuine question, and this is not inflammatory.

How are pension Bee allowed to post on here, and not the local IFA?

Does this not somehow remove the 'unbiased' stance of money saving expert?

A genuine question, no offense intended.

Malthusian

Credit-Crunched wrote: »

How are pension Bee allowed to post on here, and not the local IFA?

Local IFAs are allowed to post on here. Dunstonh is one. Happy Harry is another. As they don't disclose who they work for (at least not publicly) and post in a personal capacity they don't have an "official rep" signature or username. But nothing stops them posting.

The reason local IFAs don't post in an "official capacity" is you're not allowed to tout for business. (And it would be a very poor way of trying to get business anyway.) If I understand correctly PensionBee are fine as long as they stick to answering users' questions and don't try to get people to sign up.