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Why PensionBee remains an avoid for me

By Chris Bailey | Thursday 31 August 2023


Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


A week ago I posted about the upcoming likely changes in the FTSE 100, and here we are with the formal selections. I know all the headlines will be about Marks & Spencer (MKS) rejoining, whilst Persimmon (PSN) shares fall out but, of the other changes, my guess would be that Johnson Matthey (JMAT) falling out (again) is more of an opportunity than a threat for a personal pension fund holding that I will now have to refer to as a FTSE 250 play. However, there is another stock I would like to talk about today…and that brings me to, how the hell is it up c.40% year-to-date, PensionBee (PBEE)?!…

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