But could it help you get your savings in shape for retirement?
How it works
Pensionbee was founded by 35-year-old ex-banker Romi Savova, with the aim of making it easier to locate and consolidate pension plans.
It is a simplified version of a Sipp - a self-invested personal pension. The main difference is, instead of taking control of the investment process, customers choose one of nine pension plans.
These plans are not run by PensionBee, but by established pension providers, including HSBC, BlackRock and Legal & General.
Each plan is subject to a preset annual charge - currently between 0.5 per cent and 0.95 per cent on the first £100,000, and half of this on anything over the threshold.
Millions of us make a New Year s resolution to save more. But according to price comparison website GoCompare, these promises soon wane and are finally ditched after just seven weeks.
This is very understandable. For saving relies on self-restraint and endlessly having to relinquish nice things, and it s easy to lose motivation.
But it doesn t have to be so gruelling. Here are ten easy ways to save more, get extra from your investments, and free up money to allow you to think about your finances.
Get richer without raising a finger: Our tips for a more prosperous 2021
1. Set up a direct debit and shift money over on payday