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The flexible, tax efficient pension

We help company directors make the most of their money now, whilst saving for their future.

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As with all investments, your capital is at risk

The flexible, tax
efficient pension

We help company directors make the most of their money now, whilst saving for their future.

Download at the Google Play Store
Download at the Apple App Store

As with all investments, your capital is at risk

two phones showing penfold app dashboard and activity screen

Set up and contribute online, in minutes

Flexible contributions

Adjust, pause, top up your pension in line with your company cash flow anywhere, anytime.

Simple to set up

Running a business leaves you short on time. Setup with Penfold online in just 5 minutes.

One all-in fee

We hate hidden fees. You'll only pay one annual fee of either 0.75% or 0.88%, depending on your pension option.

Maximise your tax efficiency

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Maximise your tax efficiency

Make tax-free contributions

Pension contributions from your limited company are classed as a business expense, so you won't pay any tax on these contributions.

Save up to 19% in tax

Business contributions are deductible from your corporation tax bill. £1000 into your pension will reduce your tax bill by £190.

Maximise your allowance

For non-company directors, the maximum pension contribution is limited to their total annual salary. With a limited company, you can contribute up to £40k and still claim the tax benefits.

Tax treatment does depend on your individual circumstances & may be subject to change in the future. 

Combine your pensions

If you have other pension pots, we can bring them together in one place for you.

Tracking and consolidating your old pension pots with Penfold is easy, free of charge, and our friendly customer service will manage it on your behalf. Learn more about our transfer service here.

phone showing penfold app transfer pension screen

It is important to compare providers’ fees & any guaranteed benefits when deciding on whether to transfer, and be sure that the investments available are suitable for you. We cannot accept defined benefit pension transfers. If you decide to close your Penfold account and the value of your pot has gone down, the amount returned to the provider may be less than what you originally transferred.

Please know that if your employer is paying into your pension currently, transferring that pot may mean you lose out on their contribution. For more information on the risks see here.

Invest, track & save

phone showing penfold fund performance

Invest, track & save

Select your pension plan

We offer four Standard options, plus a Shariah and a Sustainable pension fund.

Set up your contribution

Through Direct Debit or bank transfer, and as a monthly or one off payment.

Track your performance

Project and forecast your future with our calculator tools.

Withdraw online

Withdraw from 55. There's no restrictions with withdrawing a Penfold pension.

Join thousands of company directors already saving with Penfold

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