For Employers

Modern workplace pensions your employees will love

  • No fees for employers, one simple all-in fee for employees
  • Fun, easy-to-use employee pension experience
  • A dedicated Account Manager for 1-2-1 service

Sign up for free or request more information

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Trusted by thousands of companies in the UK

Better for employers

Save time and money

Fast pension processing

Our workplace platform offers seamless integration with your existing systems. Manage tax relief, salary sacrifice, opt-outs and more in one, easy-to-use interface.

Reduce your business tax bill

Salary sacrifice reduces National Insurance that a company owes – the bigger your team (and the more your employees earn), the more you save.

Increase employees take home pay

Salary sacrifice also enables employees get to keep more of what they earn by lowering the amount of their income subject to National Insurance.

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Stay competitive

Employees leaving costs money and stunts growth

Stop people leaving

One in six employees will jump ship for better benefits. Keep your company competitive with a pension they won’t want to give up.

Reduce costs

Productivity loss and hiring expenses mean an employee leaving costs around £30,000 but 90% of employees stay because of benefits.

Save money

By making your pension scheme a good experience for your staff, a business of 100 people can save up to £65,000, or more with initiatives like salary sacrifice.

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Better for employees

Fun, easy-to-use saving experience

Bet you didn’t think your company pension would be their best-loved benefit

How much they’ve got, how much they’ll need and how to save it. No more pension anxiety: our app gives a clear picture of post-work income.

Talking their language

Improve your teams' financial literacy and support their wellbeing. Access free workshops, guides, videos and FAQs - always jargon free.

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A trusted partner

First-class service

Help on hand

Every Penfold partner gets a named account manager to support you, available by phone or email from day one

Easy onboarding

We do the work involved in switching from your old provider, plus your account manager can help with staff onboarding via webinars and Q&As.

Support for your employees

Our team of pension experts are on hand to answer any questions from your clients and their employees

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The best thing about Penfold for me is the responsiveness of their team to any queries or questions that come from me or our employees. We just didn’t have that with our previous provider.

Handling payroll is always a stressful time of the month but with Penfold onboard, I never worry about the pension part of payroll anymore!

Annu

People Operations at Capital on Tap

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    We’ve been impressed with the level of service Penfold has provided from day one.

    Having a dedicated account manager (and not a chatbot) to support the switch and ensure the onboarding process ran smoothly was incredibly reassuring.

    Pok Hay Ng

    Senior People Business Partner at Elvie

      Our employees want a pension experience that matches how they manage the rest of their finances. And Penfold is just that - there is so much to do on the app from making contributions to seeing exactly where your pension is invested!

      Alex Perkins

      Senior People Operations Partner at Cuvva

        Join Penfold and bring financial wellbeing to your team

        Give your team a top pension and boost their financial wellbeing

        Boost your benefits package to keep and tempt the best talent

        Get industry-beating account management at no extra charge

        Book a Demo