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.

As with all investments, your capital is at risk.

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Join thousands of happy pension savers

Optimise pension contributions

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 between 19-25%: Business contributions are deductible from your corporation tax bill. If your business makes a profit below £50,000 you can save the small profits rate of 19%. Therefore £1,000 paid into your pension cuts your tax bill by £190.

Use your allowance: For most people, pension contributions are capped at £60k 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.

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Combine old pensions

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

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.

A photo of a woman smiling while sat in front of a laptop and excerpts of the Penfold pension app showing combine and transfer pensions screens

It’s 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. If your employer is paying into your pension currently, transferring that pot may mean you lose out on their contribution.

Friendly and expert support

Our UK-based expert team are on hand to answer your pension questions.

We've helped hundreds of company directors with their pension arrangements. Drop us a message on chat, email or call any time. No waiting lines or call centres.

We can even help you make pension withdrawals. Choose drawdown, an annuity or even take a lump sum in one go and enjoy a happy retirement.

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

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Hand-picked fund selection


Automatically adjusts investments to maximise early growth before protecting your pot as you approach retirement.

Lifetime plan


Make a positive impact on the world without sacrificing growth. Invests your money into companies with a high ESG rating.

Sustainable plan


Invest your money only into Sharia-compliant companies. All investments are approved by an independent Sharia committee.

Sharia plan


Complete control of your pension. Choose between four different risk levels - tailoring investments to fit your preferences and outlook.

Standard plan

With investments, your capital is at risk. The value of your investment can go down as well as up, and you may get back less than you invest. This information should not be regarded as financial advice and past performance is not a reliable indicator of future performance.

Director and limited company pension FAQs

Get started in 5 minutes

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

2. Transfer an existing pension, or make a one-off or recurring payment (pause or adjust any time).

Done! Check savings progress, change investment plan and more with our app or online dashboard.

Get started now