The pension for
the self‑employed

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.

FSCS logo

FCA regulated and
protected by FSCS

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Completely flexible

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.

Simple &
easy to use

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.

Choose how much to save

Pick a growth profile

Not even a step, just done.

25% savings bonus

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.

Friendly, helpful & 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.

Combine your pensions

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.

Join thousands of self-employed
already saving with Penfold


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.

How it works


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.

We keep your money safe


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.

Designed to
work for you

Designed to
work for you

Professionally managed

Penfold pensions are managed by BlackRock. Just pick one of four carefully created, low cost investment plans, and let your money work for you.

Built for the self-employed

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.

Tools help you decide what to save

Our calculator does the hard work for you, helping you choose how much to save based on how much you earn.

Learn more.


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Get in touch

The Penfold team sitting amongst lots of plants

Our team is made up of experts in pensions, technology, security, operations and customer services. You can reach us any time on chat, by phone or on email.

0208 003 5908

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