Tomās an investor. Itās been set up by the founders of Tandem and has some high-profile backing. Just used them to consolidate all my pensions and it was incredibly smooth, with the exception of WTW (albeit, this isnt Prosperās fault). They really highlight the amount of your pension youāre losing if you stay with some of the old boys of the industry who charge extrortionate fees. Monzoās new fees also seem reasonable
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Well done Monzo - another Lego brick in the almost complete Lego model of a great Fintech service.
Alas, Iām not the target market for this (established SJP Wealth Management plan)
Next brick - 
mortgages?
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Really pleased to see this as a new product from Monzo. Have seen the direction of travel for a while and patiently been waiting!!
One of the reasons I havenāt already merged my existing pensions is that Iām lucky enough to have some protected rights associated with them that get lost on transfer.
On one I have the right to take it aged 50 as it was a pre-2010 arrangement and a second has protection of the upcoming minimum pension age meaning I can take it at 55 still after the change to 57 comes along in 2028.
Both are of sizeable amounts.
While there are definite advantages to a combined pot, itās also important to know about protections you may have and not jump to consolidate and lose options you may have wished to explore. I donāt know what the future holds, but the flexibility that is offered by having some sizeable income at different ages I think is important to me.
That said, Iāve registered as I want to see whatās on offer and how it may compare etc. Iād like to know if Monzo will accept protections on transfer as some providers do (Standard Life which is my current employer scheme wonāt accept the second scenario for example - and I donāt think anyone will accept the first).
Having different investment options will definitely be critical. Iāve always chosen ethical funds.
I would also like to see āpension dashboardā integration when it arrives - regardless of who your funds are with, you should be able to get a single view of your pots of money.
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As a bit of a pensions newbie, this is kinda what I was getting at with my last comment. I want to see side by side comparisons of what I have currently Vs. the Monzo offering.
100% this, but I suppose they want to make this an easy thing for people who donāt want to actively manage their investments
Personally, that sounds quite expensive compared to competitors, but Iām sure your will get customers.
Some questions where I feel the answers will be of wider interest:
- Can you pay new contributions into the SIPP? (One of the screens above suggests that you wonāt be able to do this at launch!)
- Is there an option for withdrawals/drawdowns? If so, are there any costs?
- Can the SIPP accept employer contributions?
Iām not sure youāll get that level of comparison. I think that would be very complex and would involve a high level of involvement from your current providers. At the moment thatās not how the industry works (so far as I know). You request a transfer, the provider sells your shares and transfers the cash. Thatās it.
I think Monzo will explain their offering, but itāll be up to you to decide if itās right for you which will involve digging out the detail to compare or getting advice from an IFA (or blindly just transferring anyway).
In my experience you should be able to get detail about the funds you know about, their performance and fees easily when the scheme provides an online portal to view your account.
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I tried to register/register for updates and the deep link is just taking me to my savings & investments page in the app.
Iāve checked for app updates and there are none (Android - last update 17th) and in the top of the savings & investments page it just gives me those two options. No mentions of pensions or signing up for updates.
Is there something else I need to do?
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So to double check, I wonāt be able to move from Pension Bee to Monzo in the first iteration of this?
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Sounds interesting. I donāt even know what fees my current provider charge (Royal London). I think thereās some kind of profit share and salary sacrifice. No idea whether this is relevant for transferring an existing pension.
Also seeing no options to join waiting list or see pension option in the appā¦ Not sure if this is because Iām not eligible for invest for some reason 
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Iāve got the same but already have an investment pot open and with funds in.
You wouldnāt want to. PensionBee is a fairly straightforward investment. Monzo, at launch, is a target date fund. So if, say, you were within 5 years of retirement then the Monzo pension would perform much less well than PensionBee simply because the Monzo pension will essentially move more and more of your investment into cash as you get closer to your retirement age.
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Thatās the same as I see
Will you be offering a way to exclude certain industries or choose only āethicalā funds? Or does using the Monzo pension mean investing in oil and arms companies?
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Depends how much money you have with PensionBee and which plan youāre on. Some of the plans are pretty pricey 
But having 100k+ in there starts to mitigate that.
I wouldnāt say I have massive amounts there, and the vast majority of my pension is in a defined benefits Civil Service one, and the Pension Bee one is a forgotten SIPP from an old job
Why is that an issue? Surely the fund performance is what matters and how much your investment platform charges you to hold it.
You said āthey are used like everywhereā and it wasnāt clear what you meant by that.