Sort your future today
Our flexible, modern, faff-free pension takes care of your future so you can enjoy the now.
As with all investments,
your capital is at risk
Enjoy the now
Welcome to a new kind of pension.
Relieve your pension tension
Set up in minutes, track performance and manage effortlessly online or in our app.
Penfold is designed to be as flexible as you are. Top up, amend, or pause your contributions at any time.
25% savings bonus
Enjoy an automatic 25% tax relief top-up every time you contribute to your Penfold pension.
Subject to annual allowance. Tax treatment depends on individual circumstances and may change in the future.
Pick your perfect plan
An automated investment plan that adjusts your investments for you.
Our most popular plan, with four different risk level options.
Make a positive impact on the world without sacrificing growth.
Invest your pension solely into Shariah-compliant companies.
Find, combine, unwind
Track down old or lost pensions, transfer and combine into one pot. All we need is the name of your old employer.
Consolidating pensions with Penfold is easy, free of charge, and our friendly customer service will manage it on your behalf.
It is important to compare providers’ fees and any guaranteed benefits when deciding on whether to transfer, and be sure that the investments available are suitable for you. We cannot accept defined benefit pension transfers. If you decide to close your Penfold account and the value of your pot has gone down, the amount returned to the provider may be less than what you originally transferred.
Please know that if your employer is paying into your pension currently, transferring that pot may mean you lose out on their contribution. For more information on the risks see here.
Friendly and expert support
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.
Keeping your money safe
Penfold is authorised and regulated by the Financial Conduct Authority. Your money is FSCS protected up to £85,000.
Your pension is invested by BlackRock and HSBC - two of the biggest money managers on the planet.
Cutting-edge encryption and data security technology keeps your private information private.
Join thousands of happy Penfold savers
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.
Literally every interaction I have with Penfold is a delight - real, friendly, informative and helpful humans at every turn.
Extremely good! A lot of freedom with access in full details via app and online platforms. Easy to get in touch with friendly customer service on chatline via either online or app. They listen to us for our feedback and suggestion(s) and they take action by adding in their pipeline to make it happen.
How it works
Register online or download our app.
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. Pension and tax rules apply.
Review your progress on our clear, online dashboard. Withdraw from age 55.
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