Saving for the future should feel simple, not stressful. We’re building a pension that helps people understand their money, take action, and feel more confident about what comes next.
82% of people aren’t saving enough for retirement, according to The Institute for Fiscal Studies.
For many, pensions feel confusing, distant, or hard to manage. That makes it difficult to know whether you’re saving enough, where your money is, or what to do next.
We’re here to change that. Penfold helps everyone save more for their future by making pension saving easy, accessible and engaging.
People should know where their money is and what they can do next.
Small actions can make a big difference over time.
The right workplace pension can help more people engage.
Everyone deserves the tools to plan for their future.
We make pensions easier to understand, manage, and act on.
Plain language and simple design make pensions feel less confusing
Savers can check progress, combine old pots, and contribute when they can
Employers get tools that help their teams stay connected to their pension
A better pension experience is not just about access. It’s about helping people stay engaged. Penfold gives people simple ways to:
See their pension clearly
Understand what they’re on track for
Increase contributions when they can
Combine old pensions
Penfold started with one goal: make pensions easier for people to understand and manage.
We launched in 2019 to help self-employed people save for later life. Since then, we’ve grown into a workplace pension provider used by employers across the UK.
Today, over 140,000 people and thousands of businesses use Penfold for a simpler, more engaging pension experience.
We're backed by some of the most experienced fintech investors and entrepreneurs in Europe. Our investors include venture capital firms Plug & Play Ventures and Force Over Mass Capital, as well as early backers in some of technology's biggest names like Spotify, Dropbox, Adyen and Funding Circle.
We’re proud to be supported by thousands of everyday savers who believe in our mission and have invested in us through our crowdfunding campaigns – on each occasion helping us reach our targets in under 24 hours.
We’re a team of product builders, pension experts, engineers, designers, and customer specialists working to make pensions easier for everyone.
We care about clear communication, practical ideas, and building products that help people make better decisions about their future.
