PenfoldWorkplace Auto-Enrolment & Private Pension Provider
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Set Up Your Workplace Pension in Minutes

Penfold’s digital platform makes it easy to set up a workplace pension in just a few steps:

  • Quick and easy online setup and management
  • Support closing your old scheme
  • Zero fees for businesses – no setup or ongoing charges
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Trusted by thousands of UK businesses

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Why Choose Penfold for Your Workplace Pension?

We’ve built a modern solution for workplace pensions, designed with both businesses and employees in mind:

  • Zero Fees

    We don’t charge employers or advisers – there are no setup or ongoing fees.

  • Effortless Setup

    Get started in minutes with guided onboarding.

  • Exceptional Support

    A team of pension experts to help you – no matter how complex your query.

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People

Recruit and Retain Top Talent

Did you know 90% of UK workers say their company pension influences whether they stay or leave their current job?

  • Stand out as an employer of choice

    Offer a pension that’s simple to use and tailored for modern employees. With Penfold, teams gain full visibility of their savings and flexible investment options – all from an app they’ll actually enjoy using.

  • Boost employee financial well-being

    Show your team you care about their future. Penfold’s platform empowers employees to make informed financial decisions, creating peace of mind and increasing loyalty.

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Trusted, High-Performing & Cost-Saving

Why Penfold Is the Best Choice for Setting Up Your Workplace Pension

Trusted By Thousands

With a 5-star Defaqto rating, a 4.4 Trustpilot score, and a top-rated app, Penfold is the pension provider you can rely on.

Exceptional Fund Returns

Our default Standard Lifetime plan, managed by BlackRock, consistently outperforms other auto enrolment providers.

Cut National Insurance

Save your business and employees £1000s in NI through our free salary sacrifice setup – without sacrificing pension contributions.

Contributions

Empower Employees with a Modern Pension Experience

Penfold’s app makes it easy for employees to take control of their financial future:

  • Instant access & easy tracking

    Employees can check their pension balance, view contributions, and track their savings in real-time.

  • Goal setting & progress updates

    Our app helps employees set retirement goals and track their progress, motivating them to stay engaged with their savings and work towards a secure future.

  • Investment Options

    From sustainable to ethical investment funds, we offer options that suit diverse values and financial goals. Employees can change their strategy whenever they want.

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People

How to Set Up Your Workplace Pension

Penfold’s setup is designed to be seamless, saving you time, making workplace pensions hassle-free:

  • Sign up online

    Create your free account in minutes, our guided onboarding will walk you through the initial setup, making it simple to get started.

  • Customise your pension plan

    Set contribution levels and select fund options tailored for your team.

  • Invite your team

    Easily add employees and enrol them in your new pension plan.

  • Ongoing management

    Monitor and manage contributions seamlessly through our platform.

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Hear from some of our clients

Set Up Your Workplace Pension with Penfold in Minutes

Join thousands of businesses using Penfold’s workplace pension

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