Described as a “transformative step” for the firm by company CEO Romi Savova, PensionBee hopes its US operations will match or exceed the scale of its UK business within the next decade, adding that the US defined contribution pension market is the largest in the world.
PensionBee says its technology will enable US customers to consolidate and transfer their employer-sponsored defined contribution retirement plans into a new Individual Retirement Account (IRA).
