Penfold provides the self-employed with an online FSCS protected pension that's simple to use & completely flexible. HMRC adds £25 for every £100 you pay in.
When you’re self-employed, your finances aren’t easy to forecast.
Penfold is designed to be as flexible as you. Once you start saving, you can top up, change, or pause your payments at any time — instantly and online.
We know running a business leaves you short on time. So we built a pension you can set up in under 5 minutes.
Simple to use and easy to understand, we take the stress out of saving for later.
The government adds a 25% bonus to everything you save into a pension.
That’s guaranteed cashback on what you save and we organise it for you, adding it directly to your pension.
Pensions can be confusing. Our friendly team of experts will answer any question you have, and we promise no jargon.
No waiting lines, no call centres. Just drop us a message on chat, email us or give us a call any time.
If you have other pension pots, we can bring them together in one place for you.
Consolidating your pension with Penfold is easy, free of charge, and our friendly customer service will manage it on your behalf.
The simplest possible way to get a pension set up if you're self employed.
Setup took less than 5 minutes, and it just works - my money goes in, government money goes in, I can see everything at a glance - I genuinely can't see how it could be better.
Just brilliant! So easy to use. Customer Service second to none! Responses. Yes! Responses to your enquiries, quickly and in a language we all understand - commonsense.
Why oh why!? can't so many other companies be like this. Thrilled and delighted and in control. It's great.
It was so simple to set up my account and the team were able to transfer in my existing pension pots for me without hassle.
Everything is clear and easy to understand, which is a relief when traditional pensions can be confusing. Really happy I made the switch.
Download our app or register online.
We help you decide how much to save and which plan is right for you.
Top-up your account by Direct Debit or by bank transfer. Pause or change any time.
We add your 25% tax bonus each month.
Review your progress on our clear, online dashboard. Withdraw from age 55.
Penfold is regulated by the UK Financial Conduct Authority. We follow their strict rules and procedures to keep your pension safe.
Your money is held by a third party custodian. Your investments are managed by BlackRock, the largest money manager in the world.
Your data is secure and protected by the most up-to-date technology and processes. We strictly follow GDPR guidelines.
Your pension is protected by the Financial Services Compensation Scheme.
Penfold pensions are managed by BlackRock. Just pick one of four carefully created, low cost investment plans, and let your money work for you.
Penfold is the first UK pension designed for the self-employed. Freelancer, sole trader, ltd company director – anything that means you’re your own boss.
Our calculator does the hard work for you, helping you choose how much to save based on how much you earn.
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