Workplace pensions for small businesses
Give your team a pension they’ll actually use.
Penfold helps small businesses set up and manage workplace pensions, support employee financial wellbeing and get more value from one of their most important employee benefits.
Free for employers, easy to manage and fully auto-enrolment compliant.
Trusted by thousands of UK businesses
From ambitious startups to established SMEs, businesses across the UK trust Penfold to help their teams save for retirement.
A pension that’s genuinely a benefit
For many employees, a pension is one of the most valuable benefits they receive. Yet most workplace pensions are rarely checked, poorly understood and largely forgotten.
Penfold helps employees understand their pension, track their savings and stay connected to their retirement goals.
That means your business can offer more than a compliance requirement – you can offer a benefit employees genuinely value.
Everything growing businesses need
Employee experience
Help employees understand and use their pension.
Simple administration
Easily manage contributions and employee activity.
Expert support
Get help from pension specialists when you need it.
Salary sacrifice implementation
Reduce National Insurance costs for your business.
Auto-enrolment compliance
Stay compliant with UK pension regulations.
Investment options
Carefully selected funds to suit different needs.
Built for busy business owners
Running a business is hard enough without complicated pension administration.
Penfold gives you clear visibility over contributions and employee activity, while our experts help support both you and your team.
Whether you’re hiring your first employees or managing a growing workforce, Penfold helps you stay on top of your pension responsibilities with confidence.
Easy employer dashboard
Clear visibility of contributions
Support for employers and employees
Simple ongoing administration
Save money with salary sacrifice
Salary sacrifice can help reduce Employer National Insurance costs while increasing pension contributions for employees.
For growing businesses, this can mean meaningful savings alongside improved employee outcomes.
Penfold can help you understand the opportunity, calculate potential savings and support implementation if salary sacrifice is right for your business.
Already have a workplace pension?
Many businesses choose a pension provider when they first set up and never review it again.
As businesses grow, priorities often change. You may be looking for..
- Better employee engagement
- Easier administration
- Improved support
- Salary sacrifice opportunities
- A more modern pension experience
If you’re reviewing your current workplace pension, Penfold can help you understand whether a switch could benefit your business and employees.
Hear from some of our clients
Everyone needs an auto-enrolment pension scheme, so why not use the best one? Penfold really stands out with the customer service it offers. They’re so much more flexible and on top of things than any other pension provider I’ve spoken to. Investment performance is most important, and Penfold’s historical performance is excellent.
Penfold’s team of dedicated experts are super responsive and will help me with any kind of questions or queries that I might have. There’s no longer this restriction where I’m working as a kind of middleman. In fact, people can just go straight to the source and get whatever information they need. Penfold was absolutely amazing in terms of the education, the training, and all the administrative backlog that goes on with moving over pension providers. It ran so smoothly.
Penfold is dramatically better than anything we’ve worked with before and has helped me by removing all of the admin that comes with pensions. ‘Saving time’ is one of the key benefits that encourages me to recommend it to others. Penfold’s been a huge success at Cuvva, with 88% of the company logging into the app to view their pensions.
