The smarter pension platform for you and your clients
Manage workplace pensions with less admin, less risk and more client value. Free to use, easy to integrate, and fully supported by our team.
How Penfold can help
One pension platform – two powerful use cases:
Accountants and payroll providers
Manage multiple clients from one dashboard. Help clients stay compliant and save money. Get access to onboarding support for your team and theirs.
Financial advisors
Offer your clients a modern, auto-enrolment compliant scheme – without having to become their pensions expert.
No cost for accountants or advisors
Save money with a pension solution that's free forever for advisors and employers, with no hidden fees:
Single employee fee
An annual rate, based on a percentage of their total pot, made up of a pension administration and investment management fee
No hidden charges
Switching support and account management are included – and there are no contribution fees whatsoever
Explore the app
For employees and company directors
Tour the platform
For accountants and advisors
Setting up a pension has never been so easy
Access in minutes
Quickly get set up with our platform and start adding your clients in three easy steps
Support closing old schemes
Get help switching from old pension providers and onboarding new savers
Dedicated Account Manager
Reach out to our experts by phone or email for any help getting started
Spend 50% less time processing files*
Integrate Penfold into your workflow
Upload contribution files straight from your payroll software –or simply drag and drop
Say goodbye to painful processing
Use our advanced tech to autocorrect errors – meaning each submission takes an average of 43 seconds**
Get total visibility
Access contribution data, statuses and histories, as well as opt-out summaries and employee details
Can I recommend a pension provider?
Yes! Advising employers on workplace pension scheme selection is not regulated advice. So, you can assist your clients by providing information, comparing schemes and making recommendations.
Make life easier for your clients
Penfold isn’t just better for you – it’s better for your clients, too:
We onboard them for you and walk them through everything
You can view their scheme and access reporting
They get tools they actually enjoy using (and so do their employees)
You stay in control – no chasing, no guesswork, no spreadsheets.
Why partners choose Penfold
We're a trusted partner
With a 5-star Defaqto rating, 4.6 Trustpilot score, and 5-star rated savers app, you can trust Penfold to look after your future
Our funds are industry beating
Our default Penfold Plan, managed by BlackRock, has outperformed the defaults of other auto enrolment providers***
We help to reduce NI tax and save £1000s
With free support to set up salary sacrifice, you can reduce NI tax for employers and individuals without reducing pension contributions
Cone Accounting: Success Story
* Based on an internal user interaction survey - Feb 2024, available on request
** Based on internal user data, available on request
*** Based on simulated and annualised returns data collected by Dean Wetton Advisory, available on request. Past performance is not an indicator of future returns.