# Perkbox partners with PensionBee to help find and consolidate old, lost pensions Author: Pal Sinha, Barnali Author URL: https://financedigest.com/author/pal-sinha-barnali Published: 2018-05-19 Category: NEWS Category URL: https://financedigest.com/category/news Meta Title: Perkbox and PensionBee Partner to Combine Lost Pensions Meta Description: Join Perkbox to combine all your forgotten pensions into one new plan with PensionBee. Get £50 reward for your first transfer! URL: https://financedigest.com/perkbox-partners-with-pensionbee-to-help-find-and-consolidate-old-lost-pensionshtml ![undefined](https://prod.superblogcdn.com/site_cuid_cm5qst7v3003gwirgwqtxn8i8/images/fd180518-11-1736842713498-compressed.jpg) [Perkbox](https://www.perkbox.com/uk/?utm_source=PR&utm_medium=external&utm_campaign=PRD_Homepage), UK’s fastest growing employee benefits platform, is today partnering with [PensionBee](https://www.pensionbee.com/), an online pension manager, to offer Perkbox users the chance to find and combine all their old lost pensions into one brand new online plan managed by the world’s biggest money managers. This initiative comes shortly after Guy Opperman, Pensions Minister, announced that it had decided not to [resurrect](https://www.ft.com/content/e0c62018-4483-11e8-93cf-67ac3a6482fd) the proposal for the so called “pot follows members” system, allowing pension pots worth £10,000 or less to follow an employee automatically when they moved to a new employer. With an average of 11-12 jobs in a lifetime and a lack of support from government in the transfer process, people are losing track of all their old pots. In fact, there’s already over [£500m](https://www.independent.co.uk/money/spend-save/charity-government-pension-funds-forgotten-dormant-assets-retirement-money-a8223136.html) sitting in forgotten pots and the Department for Work and Pensions estimates that auto-enrolment will result in a total of [50 million](http://www.thisismoney.co.uk/money/pensions/article-2322516/What-happens-money-pension-pots-claims-it.html) by 2050. PensionBee is the first and only technology operating in the UK that can identify, transfer and combine pensions for users. With pensions being the last thing on young people’s minds, and it becoming an incredibly important issue, this partnership represents an important step forward in the Perkbox mission to support customers with all their employee needs. In addition to [introducing the service](https://www.financedigest.com/amazon-introduces-seller-storage-service-to-tackle-supply-chain-woes.html "Amazon introduces seller storage service to tackle supply chain woes"), Perkbox will offer users a £50 financial reward once their first pension is transferred over, simply for joining through the Perkbox platform. It will also host a series of demos to familiarisePerkboxers with the PensionBee technology and get them up and [running on the platform as soon](https://www.financedigest.com/ecb-could-slow-rate-hikes-but-bond-run-off-should-start-soon-knot-says.html "ECB could slow rate hikes, but bond run-off should start soon, Knot says") as possible. Chieu Cao, Cofounder and CMO of Perkbox says: “ _Regardless of the occupation, age or income, money is something we all worry about. Failing to save enough can result in financial stress impacting work performance, productivity and difficulty [planning retirement](https://www.financedigest.com/should-i-roll-my-old-retirement-plans-into-a-roth.html "Should I Roll My Old Retirement Plans into a Roth?") dates._ _“Employers are not only well placed to help [solve the problem](https://www.financedigest.com/solve-a-problem-you-know-and-live.html "Solve a Problem You Know and Live"), but should also have a significant interest in doing so. This partnership will allow us to support employers in achieving this._ _“What’s more, It represents an exciting opportunity to bring our mission – ‘to build a better society one relationship at a time’ – to the [next level](https://www.financedigest.com/is-ai-taking-quality-and-cost-optimization-of-enterprise-services-to-the-next-level.html "Is AI taking quality and cost optimization of enterprise services to the next level?") and I am thrilled about that. “_ Clare Reilly, Head of Corporate Development at PensionBee, continues: _“We are very excited to announce that Perkbox and PensionBee are joining forces to help all employees have [happier and healthier retirements](https://www.financedigest.com/financial-independence-through-passive-income-leads-to-a-happier-retirement.html "Financial Independence Through Passive Income Leads to a Happier Retirement"). Both PerkboxandPensionBee put online experience and customer empowerment first, and are aligned in their mission to give employees a happy, secure financial future, so it made sense to join forces._ _Moreover, happy [futures start by taking control](https://www.financedigest.com/automatic-door-control-market-2022-outlook-current-and-future-industry-landscape-analysis-2026.html "Automatic Door Control Market 2022 Outlook, Current and Future Industry Landscape Analysis 2026") of your pension today. Our exciting new partnership is aimed at the 80% of employees who haven’t taken their old pensions with them when they changed jobs. Employees will be able to easily find and combine all those lost, forgotten about pots into one shiny new online [plan – to help them keep track of their retirement](https://www.financedigest.com/how-to-choose-the-right-retirement-plan-for-you.html "How to Choose the Right Retirement Plan for You") income, 24/7. A win-win outcome for both employers and employees”_ --- This blog is powered by Superblog. Visit https://superblog.ai to know more. ---