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The perfect pension for directors and limited companies

Running your own business can be stressful. Our pension is quick to set up and simple to use, helping directors and people running limited companies make tax-efficient contributions in line with cash flow anytime, anywhere.

Get started now
Download at the Google Play Store
Download at the Apple App Store
Penfold app showing pension dashboard and company director pension customer service reviews

As with all investments, your capital is at risk

The perfect pension
for directors
and limited
companies

Running your own business can be stressful. Our pension is quick to set up and simple to use, helping directors and people running limited companies make tax-efficient contributions in line with cash flow anytime, anywhere.

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

As with all investments,
your capital is at risk

Penfold app showing pension dashboard and company director pension customer service reviews

Explore our pension portfolios

Lifetime

Automatically adjust the risk level of your investments over time with our Lifetime plan.

Standard

Choose your investment risk level from four different options with our Standard plan.

Sustainable

Make a positive impact on the world without sacrificing growth with our Sustainable plan.

Sharia

Invest your pension solely into Sharia-compliant companies with our Sharia plan.

Optimise your pension

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.

Use your allowance: For most people, pension contributions are capped at £40k or their yearly salary, whichever is lower. As a limited company director, your business can contribute into your pension without the salary restriction.

Tax treatment depends on your individual circumstances and may be subject to change in the future.

Director contributions guide
Penfold apps showing pension contribution and personal, sole trader and limited company payment account screens

Combine old pensions

Got old pension pots? Transfer and combine in a couple of taps by entering the policy provider name and account number. Our team of pension transfer specialists will do the hard work for you.

Missing pension details? Use our Find My Pension service to find the provider and contact details, all we need is the name of your previous employer.

Consolidating pensions with Penfold is easy, free of charge, and our expert team will manage it on your behalf.

Pension transfer service
Penfold apps showing pension transfer and find lost pension screens

It is important to compare providers’ fees and 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.

Friendly and expert support

Our friendly customer service team has helped hundreds of company directors with their pension arrangements. They'll answer any question you have, and we promise no jargon.

No waiting lines, no call centres. Drop us a message on chat, email or call any time.

Looking for more information about company director pensions? Read our dedicated director pension guide.

Penfold apps showing company director pension customer service chat screens

Securing your savings

Safe

Penfold is authorised and regulated by the Financial Conduct Authority. Your money is FSCS protected up to £85,000.

Separate

Your money is held separately and invested by Blackrock and HSBC - two of the biggest money managers on the planet.

Secure

Cutting-edge encryption and data security technology keeps your private information private.

How it works

1

Get a Penfold account by registering your details online or with our app.

2

Decide which investment plan is right for you. (Change plans whenever you like).

3

Pay in some cash with a one-off or recurring payment. Pause or adjust at any time.

4

Optionally, transfer an existing pension - our specialists will take care of the paperwork.

5

All done! Easily check your savings progress with our modern app or online dashboard.

Get started now
Penfold apps showing pension account setup and welcome screens.

Join thousands of happy pension savers

FAQs

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