How do I refer a director client to Penfold?

Once you're a Penfold partner, you can introduce your director clients through our straightforward referral process. Our team handles the pension setup and necessary checks, so you don't need to manage the administration yourself.

Do I need to be authorised to provide pension advice?

You don't need to become a pension adviser to introduce clients to Penfold. However, the activities you undertake must remain within applicable regulatory requirements. Penfold can explain the referral process and what you can and cannot do.

How does the accountant partnership work?

Our accountant partnership allows eligible practices to earn ongoing revenue from referred director pension accounts. Our team can explain the commercial arrangement, eligibility requirements and how payments work.

Can my clients contribute directly from their limited company?

Yes. Eligible directors can make employer pension contributions directly from their limited company. These contributions may qualify as a deductible business expense, subject to HMRC rules.

Can directors make personal contributions too?

Yes. Directors can make personal contributions alongside company contributions, subject to applicable tax relief rules and pension allowances.

How much can directors contribute?

The standard annual allowance is £60,000 for the 2026/27 tax year, although some directors may have a lower allowance. Eligible individuals may also be able to use unused annual allowance from previous tax years.

Can clients transfer existing pensions to Penfold?

Yes. Clients can transfer many existing pensions to Penfold, and our team can support the process. Some pensions contain valuable guarantees or benefits that could be lost on transfer, so clients should check suitability before proceeding.

Who supports my clients once their pension is set up?

Penfold provides ongoing pension administration and customer support. Your clients can also manage their pensions directly through the Penfold app.

A hand holds a smartphone displaying a pension management app, with a smiling man looking at a phone in the background.

Better pensions for your director clients. More value for your practice.

Help your limited company director clients save for retirement with a modern, tax-efficient pension. You make the introduction. We'll take care of the setup and pension support, while you focus on what you do best.

Set up your director clients Talk to our team

Why accountants partner with Penfold

Give your director clients a better way to save for retirement while creating new opportunities for your practice. We'll handle the pension side, so you can focus on your client relationships.

Create a new revenue opportunity

Add director pensions to your services and open up another potential income stream through eligible client introductions.

Keep your client relationships

You know your clients and their businesses. We provide the pension expertise and support, while you remain their trusted accountant.

Leave the administration to us

From setting up pensions to answering questions, we'll look after your clients throughout their pension journey.

Give your clients a pension they’ll love

A modern app, flexible contributions and straightforward support make saving for retirement easier.

Bar chart showing a one-person limited company making £75k profit increases its total value from £53k to £73k by raising pension contributions from £0 to £60k.

Help your clients put company profits to work

For limited company directors, pension contributions can be a tax-efficient way to turn business profits into retirement savings. By contributing directly from their company, eligible directors can reduce their corporation tax liability while building their pension.

Corporation tax efficiency: Employer pension contributions can generally be deducted as a business expense, provided they meet HMRC's requirements.
No salary or dividend withdrawal required: Directors can contribute directly from their company without first withdrawing the money as salary or dividends.
Make use of available allowances: Directors can generally contribute up to the £60,000 annual allowance, with the potential to carry forward unused allowances from previous tax years, subject to eligibility.

Tax treatment depends on individual circumstances and may change. Pension contributions are subject to applicable allowances and HMRC rules.

A smiling man works on a red laptop next to a message notification from Steven at Penfold confirming a booked meeting.

You make the introduction. We'll take care of the rest.

Helping your director clients get started with a pension is straightforward. We'll guide them through the process, so you can focus on your practice.

1. Introduce your client
Refer your director client to Penfold using our simple referral form.
2. We handle the setup
We'll invite your client to create their pension account, complete the necessary checks and get started.
3. Your client starts saving
Once their account is ready, they can make contributions from their company, personally or both.
4. We're here to help
We'll provide ongoing pension support and guidance whenever your client needs it. You remain their trusted accountant.

A smiling woman working on a laptop in a modern office.

More value for your clients. More revenue for your practice.

Director pensions are another way to support your clients beyond their day-to-day accounts.

You can help them understand how pension contributions fit into their business finances and long-term plans, while Penfold looks after the pension itself.

And there's an opportunity for your practice, too. Eligible client introductions can generate additional revenue under your agreed partnership terms.

It's a simple way to expand your services, strengthen client relationships and make more of the opportunities already within your practice.

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

Help clients bring their pensions together

Your director clients may have pensions from previous jobs or providers. With Penfold, they can bring eligible pensions together in one place.

Our app helps them find old pension providers, request transfers and track their progress.

We'll guide them through the process and keep them updated, so they can spend less time managing old pensions and more time planning for their future.

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.

A hand holding a smartphone displaying a pension and savings financial app interface.

A pension experience your clients will love

Your clients are busy running their businesses. Their pension should be easy to manage around everything else. With the Penfold app, they can see how their savings are growing, manage contributions and plan for retirement, all in one place.

Everything in one place
See pension savings, contributions and investments whenever they want.
Flexible contributions
Make regular or one-off payments, change contribution amounts or pause payments when needed.
Investment options that suit their needs
Choose from a range of professionally managed investments, including Penfold Lifetime, which automatically adjusts its investment approach as retirement gets closer.
A clearer picture of retirement
Use retirement forecasts and guidance tools to explore what their pension could mean for their future.

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A pension provider you can confidently introduce to clients

When you introduce a client to a pension provider, your reputation matters. We take that responsibility seriously.

Penfold combines modern technology with support from real people, helping your clients feel informed and in control of their retirement savings.

And when your clients have questions, our team is here to help. From making contributions to understanding their pension options, we'll give them the guidance and support they need.

What accountants say

See why accountancy practices across the UK choose to work with Penfold.

The clarity, simplicity, and hands-on support make Penfold the easiest way to manage payroll.
Zak Round
Director, Kaizen Accountancy Services
With Penfold, we have a pension partner that supports us and our clients, allowing us to focus on strategy and client relationships.
Emilio Vences
Co-founder, Heaton Vences
Penfold transformed auto enrolment pensions from a compliance exercise into a value-added service for our clients and their teams.
Richard Sykes
Founder, CloudCFO
Penfold's user-friendly approach and transparency revolutionised how we manage pensions for our clients.
Ben Nacca
Founder, Cone Accounting
The clarity, simplicity, and hands-on support make Penfold the easiest way to manage payroll.
Zak Round
Director, Kaizen Accountancy Services
With Penfold, we have a pension partner that supports us and our clients, allowing us to focus on strategy and client relationships.
Emilio Vences
Co-founder, Heaton Vences
Penfold transformed auto enrolment pensions from a compliance exercise into a value-added service for our clients and their teams.
Richard Sykes
Founder, CloudCFO
Penfold's user-friendly approach and transparency revolutionised how we manage pensions for our clients.
Ben Nacca
Founder, Cone Accounting

The clarity, simplicity, and hands-on support make Penfold the easiest way to manage payroll.
Zak Round
Director, Kaizen Accountancy Services
With Penfold, we have a pension partner that supports us and our clients, allowing us to focus on strategy and client relationships.
Emilio Vences
Co-founder, Heaton Vences
Penfold transformed auto enrolment pensions from a compliance exercise into a value-added service for our clients and their teams.
Richard Sykes
Founder, CloudCFO
Penfold's user-friendly approach and transparency revolutionised how we manage pensions for our clients.
Ben Nacca
Founder, Cone Accounting
The clarity, simplicity, and hands-on support make Penfold the easiest way to manage payroll.
Zak Round
Director, Kaizen Accountancy Services
With Penfold, we have a pension partner that supports us and our clients, allowing us to focus on strategy and client relationships.
Emilio Vences
Co-founder, Heaton Vences
Penfold transformed auto enrolment pensions from a compliance exercise into a value-added service for our clients and their teams.
Richard Sykes
Founder, CloudCFO
Penfold's user-friendly approach and transparency revolutionised how we manage pensions for our clients.
Ben Nacca
Founder, Cone Accounting