Pension drawdown made easy
Making pension drawdown simple so it’s easy to start retirement the right way.
Easy to manage
Access your savings with a few taps online or via our in-app chat.
We'll process the withdrawal for you and everything you need is available online or through the app. No paperwork required.
Withdrawing with Penfold is free - there are no hidden charges for transferring or accessing your money.
Have a Nest pension? Find out how to withdraw from your Nest pension with Penfold.
Retirement the way you want it
Access your money however you like with Penfold.
Choose drawdown, an annuity or even taking a lump sum in one go.
Our service is completely flexible to your needs. Tweak your monthly withdrawals as often as you like, for free.
There are no minimum withdrawals or restrictions on how you spend your hard-earned savings.
Support with your retirement
Accessing your pension shouldn’t fall solely on your shoulders.
Our expert support team are on-hand to help you make the right decisions for retirement. We'll guide you through the entire process, step by step.
