PensionBee Launches on SS&C's RolloverCentral®, Offering 1% Match on All Rollovers and Contributions
MWN-AI** Summary
PensionBee (LON:PBEE), a prominent retirement savings provider, has announced a significant collaboration with SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) to enhance the 401(k) rollover experience through SS&C's RolloverCentral® platform. Starting January 12, 2026, users can effortlessly transfer old retirement accounts into PensionBee IRAs, streamlining a traditionally complex process. This integration aims to improve the efficiency and accessibility of retirement management, addressing a critical issue faced by many savers.
In an exciting development, PensionBee is also introducing a 1% match on all funds entering a PensionBee IRA, whether through rollovers or new contributions. CEO Romi Savova highlighted that this initiative effectively returns money to savers, reinforcing their commitment to making retirement planning easier. The RolloverCentral platform automates the rollover process, eliminating tedious paperwork and long wait times, thereby enabling faster investments of retirement assets.
Research by PensionBee indicates that over 40% of individuals attempting to roll over a left-behind 401(k) abandon the effort due to confusion and complexity. By partnering with SS&C, known for its secure and efficient financial technology solutions, PensionBee aims to significantly reduce the friction often involved in rollovers. The platform's secure design includes encryption and third-party verification, ensuring that customers can trust the rollover process as much as traditional financial transactions.
PensionBee currently manages more than $9 billion in assets, serving around 300,000 customers globally with a focus on transparency and accessibility. This partnership with SS&C not only modernizes the rollover experience for savers but also positions PensionBee as a forward-thinking leader in the retirement savings arena.
MWN-AI** Analysis
PensionBee's partnership with SS&C Technologies to launch its service on RolloverCentral® represents a significant shift in the retirement savings landscape. By offering a 1% match on all rollovers and contributions, PensionBee is not only incentivizing users to transfer their retirement savings but is also addressing inefficiencies that have plagued the 401(k) rollover process. This move is likely to enhance PensionBee's attractiveness as a retirement solution, particularly among individuals with leftover 401(k) accounts from previous employers.
The cumbersome and often confusing nature of rolling over a 401(k) has led to a high abandonment rate, with over 40% of individuals giving up midway through the process, according to PensionBee. The streamlined approach enabled by RolloverCentral promises to reduce friction significantly, allowing users to complete rollovers in days rather than weeks. This efficiency, combined with an embedded 1% match, might enhance customer retention and attraction, as individuals will view PensionBee as a proactive partner in their retirement planning.
For investors considering their options, this development suggests a bullish outlook on PensionBee (LON:PBEE). The company's robust asset management, with over $9 billion in assets, coupled with the strategic alignment with SS&C—known for its technological prowess—could position PensionBee favorably for growth in a competitive market.
Investors should keep an eye on monthly metrics and customer acquisition rates post-launch to gauge how effectively PensionBee can convert interest into new account openings. Additionally, the ability to offer a seamless, secure process backed by strong technology is a compelling factor that may lead to increased market share.
In summary, leveraging market inefficiencies and providing incentives positions PensionBee uniquely in the retirement savings sector, making it a potential buy for investors looking for exposure in financial services that prioritize technological integration and customer experience.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
NEW YORK, Jan. 12, 2026 (GLOBE NEWSWIRE) -- PensionBee (LON:PBEE), a leading retirement savings provider, and SS&C Technologies Holdings, Inc. (Nasdaq: SSNC), a financial technology company, today announced an expansion of their partnership to streamline the outdated 401(k) rollover process. Beginning January 12, 2026, all customers who use SS&C’s RolloverCentral® platform can securely transfer old retirement accounts directly into a PensionBee IRA.
“We are thrilled to join the RolloverCentral platform as an IRA provider,” said Romi Savova, Founder and CEO of PensionBee. “SS&C has been instrumental in furthering our mission to make retirement management as accessible and efficient as possible. By offering a 1% match on every dollar that enters a PensionBee IRA—whether it’s a rollover from an old job or a new contribution—we are effectively putting money back into the pockets of savers. This integration will help us better support our customers through one of the most complicated aspects of retirement planning.”
SS&C’s RolloverCentral platform provides a secure, automated way for savers to move 401(k) assets into a PensionBee IRA without the manual paperwork, physical checks, or long phone calls typically associated with rollovers. By connecting directly with plan administrators and IRA providers, the platform removes friction from a process which historically delays savers from investing their retirement assets.
“RolloverCentral modernizes the rollover process to provide a seamless, more secure experience for plan participants, IRA providers, and recordkeepers alike,” said Michael Rogalski, Head of SS&C Retirement Solutions. "By partnering with trusted providers like PensionBee, we're giving individuals more choice and confidence when deciding where to consolidate their retirement savings."
Solving a Critical Pain Point
The 401(k) rollover process is rife with inefficiencies, which can turn a routine task into a multi-week or multi-month process. PensionBee’s data reveals that over 40% of people who try to rescue a left-behind 401(k) give up mid-process, citing complexity, confusion, and a lack of clear instructions.
RolloverCentral is encrypted, monitored, and verified by independent third parties, ensuring the rollover process is as secure as any transaction with a traditional financial institution. Combined with PensionBee's institutional-grade investment infrastructure and personalized support, eligible customers can consolidate old assets in a matter of days rather than weeks.
About PensionBee
PensionBee (LON:PBEE; OTCQX:PBNYF) is a leading retirement savings provider, helping people easily consolidate, manage, and take control of their retirement savings. The company manages over $9 billion in assets and serves approximately 300,000 customers globally, with a focus on simplicity, transparency, and accessibility. PensionBee offers Traditional, Roth, SEP, and Safe Harbor IRAs with ETF-backed portfolios that include SPY and MDY. PensionBee is publicly traded on the London Stock Exchange (PBEE) with U.S. shares available on OTCQX (PBNYF).
Learn more at https://www.pensionbee.com/us.
About SS&C Technologies
SS&C is a global provider of services and software for the financial services and healthcare industries. Founded in 1986, SS&C is headquartered in Windsor, Connecticut, and has offices around the world. More than 23,000 financial services and healthcare organizations, from the world's largest companies to small and mid-market firms, rely on SS&C for expertise, scale and technology.
Additional information about SS&C (Nasdaq: SSNC) is available at www.ssctech.com.
Notes
The information provided in this announcement, including any projections for investment returns and future performance, is for informational and educational purposes only and should not be considered investment advice. Past performance is not indicative of future results. All investments carry risk, including the potential loss of principal. PensionBee is not liable for any losses or damages arising from the use of this information. Projections and forecasts are based on assumptions and current market conditions, which are subject to change.
Media Contact:
Adela McVicar
SR PR Manager, PensionBee
adela.mcvicar@pensionbee.com
FAQ**
How will the partnership between PensionBee and SS&C Technologies Holdings Inc. (SSNC) enhance the customer experience for those looking to roll over their 401(k) accounts into a PensionBee IRA?
What specific benefits does the RolloverCentral platform from SS&C Technologies Holdings Inc. (SSNC) offer PensionBee customers in terms of security and efficiency during the rollover process?
Can PensionBee detail how the 1% match on rollovers from SS&C Technologies Holdings Inc. (SSNC) enhances the overall value proposition for its IRA customers?
What insights do you have on the market demand for streamlined retirement solutions like those provided by PensionBee and SS&C Technologies Holdings Inc. (SSNC) in light of the challenges faced by many savers today?
**MWN-AI FAQ is based on asking OpenAI questions about SS&C Technologies Holdings Inc. (NASDAQ: SSNC).
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