Help your team feel more confident about retirement
Providing a workplace pension is one thing. Helping employees understand what they’re saving towards is another.
We give employees the guidance and support to understand their pension, take action and feel more confident about their future.
Support your team’s financial wellbeing
For many employees, their pension experience starts and ends with checking their balance because they feel complicated, distant and easy to ignore.
Without clear guidance, it can be difficult to know whether they’re saving enough, what retirement could look like, or which actions might improve their outcomes.
We help employees see a personalised view of their expected retirement, explore different options and understand the next steps that may be relevant to them.
For your business, that means helping employees get more value from a benefit you’re already providing.
Turn pension saving into action
Give your team the guidance and support to better understand their pension and take action when it matters.
Understand where they stand
Set retirement goals, see a projected retirement income and the earliest age they may be able to afford to retire.
Make informed decisions
Explore how different actions today may increase retirement income, with clear explanations of the impact.
Take meaningful action
Build good pension habits with timely prompts and personalised guidance.
Help employees understand what to do next
We don’t just help your team track their pension. We help them understand what to do next.
Through personalised forecasts, retirement goals and guidance on next steps, employees can clearly see the actions that could improve their retirement outcome and feel more confident about the decisions they make.
Whether that’s increasing contributions, reviewing old pensions or exploring tax-efficient saving, guidance is delivered when it matters most.
By making complex pension decisions feel simpler, we help employees take greater control of their financial future.
Real human support, built in
Digital tools can answer a lot of questions. Sometimes it’s easier to talk things through with a person.
New workplace members are offered a Welcome Session to introduce them to their pension, the Penfold app and the support available.
Whenever employees have a question about their Penfold pension, our Customer Support team is there to help in plain English.
And where it can help, employees may also be offered a 1:1 pension guidance session with our team to talk through their pension and better understand their options.
It means your employees have somewhere to turn when they need support, without your HR team having to be the first port of call for every pension question.
For employees who need regulated financial advice, we can refer them to a suitable adviser.
See the value your pension is delivering
Do you know the value your workplace pension is delivering employees?
Our platform gives you a clear, comprehensive view of your organisations’ pension insights, where you can see how employees are using their pension and where they may need more support.
That gives you a clearer view of whether your workplace pension and the guidance provided are reaching your team, while helping you shape onboarding, communications and internal reporting around what employees actually need.
And if you want to prompt your team, you can directly within our platform. That gives you greater visibility into the value your workplace pension is delivering, and where there may be opportunities to help employees get more from it.
Help your team feel more confident about retirement
Build confidence
Clear guidance helps employees understand their pension and feel more in control of their future.
Encourage engagement
Your team are more likely to interact with a pension they understand and can see value in.
Show meaningful support
Provide a practical employee benefit that supports long-term financial wellbeing.
Better support for employees. Greater value for employers.
A workplace pension is one of the biggest long-term financial benefits you provide. Penfold helps you do more with it.
Your team will get more value from a pension they understand.
We can help transform your workplace pension from a compliance requirement into a benefit employees recognise and appreciate. By helping employees engage with their pension, employers can strengthen their financial wellbeing offering without adding admin complexity.
That creates a stronger employee experience, supports retention and helps your team feel more confident about their future.
Because the value of a workplace pension isn’t only what goes into it.
It’s whether your people understand what you’re helping them build towards.
