20th Jul 2023 16:41
PensionBee Group PLC - London-based online pension provider - Closing assets under management at June 30 increase 38% to GBP3.70 billion from GBP2.68 billion a year prior, boosted by positive market growth and other of GBP210 million compared to a loss in the segment of GBP392 million. Adjusted loss before interest, tax, depreciation and amortisation narrows to GBP8 million from GBP15 million. Looking ahead, PensionBee remains confident in potential for growth and profitability and reiterates guidance of a 2% market share in the UK transferable pensions markets over the next 5 to 10 years. Read More
