For Accountants
Modern workplace pensions your clients will love
- No fees for accountants and employers
- Support closing old pension schemes
- A dedicated Account Manager
Better for everyone
Who is Penfold for?
By elevating your practice offering, you can strengthen your relationships with the people that matter most:
Employers
Save money with a no-cost platform and tax-efficient contributions while attracting and retaining the best talent
Company Directors
Lower corporation tax by paying profits into a pension, with easily adjusted one-off contributions
Employees
Set and reach retirement goals with a modern and simple-to-use pension app
Getting Started
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
Time-saving platform
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
A trusted partner
First-class service
Your dedicated Account Manager
Every Penfold partner gets a named account manager to support you, available by phone or email from day one
Support for your clients
Our team of pension experts are on hand to answer any questions from your clients and their employees
Fair, transparent pricing
No costs for your clients (or you)
Save money with a pension solution that's free forever for accountants 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
See how we compare
Why clients choose Penfold
We're a trusted partner
With a 5-star Defacto rating, 4.4 Trustpilot score, and 5-star rated savers app, you can trust Penfold to look after your future
Our funds are industry beating
Our default Standard Lifetime 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
Join the workplace pension that’s better for everyone
Insights for accountants
* Based on an internal user interaction survey - Feb 2024, available on request
** Based on internal user data, available on request
*** Based on annualised returns data collected by Dean Wetton Advisory, available on request. Past performance is not an indicator of future returns.