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Simple to use & completely flexible

Features that put you in control. Set up in minutes, top up, pause and combine in a few quick taps. It's that simple.

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Download at the Google Play Store
Download at the Apple App Store
Penfold — Enjoy the now

As with all investments, your capital is at risk

Simple to use
& completely
flexible

Features that put you in control. Set up in minutes, top up, pause and combine in a few quick taps. It's that simple.

Download at the Google Play Store
Download at the Apple App Store

As with all investments, your capital is at risk

Penfold — Enjoy the now

Set up in 5 minutes

We know running a business leaves you short on time. So we built a pension you can set up in under 5 minutes on your laptop or your phone.

Just choose how much to save, select a pension option, enter your details and you're good to go.

Simple to use and easy to understand, we take the stress out of saving for later.

Penfold pensions app showing the dashboard screen with the amount saved this year and an annual goal

Completely flexible

As a modern worker, we all need maximum flexibility when it comes to our finances.

Save whatever and whenever you like into your Penfold pension. In regular monthly instalments, or as one-off lump sums. Pause or change anytime, instantly, online.

Our payment methods are flexible too — pay in through Direct Debit or bank transfer, or both! And, switch between paying through your personal or business bank account to fit around your monthly income and tax needs.

Penfold pensions app showing the add money screen via personal or business account

25% tax bonus

The government gives you a tax bonus whenever you save into your pension.

For most this means a 25% bonus to every contribution you make. Penfold automatically claims this for you and adds it directly to your account.

Or, pay from your limited company account and save up to 19% on corporation tax instead. To learn more about the tax benefits of pensions for limited company directors, head here.

Tax treatment does depend on your individual circumstances & may be subject to change in the future.

Penfold pensions app showing the fund performance track record screen

Combine your pensions

If you have other pension pots, we can bring them together in one place for you.

Tracking and consolidating your old pension pots with Penfold is easy, free of charge, and our friendly customer service will manage it on your behalf. Learn more about our transfer service here.

It is important to compare providers’ fees & any guaranteed benefits when deciding on whether to transfer, and be sure that the investments available are suitable for you. If you decide to cancel your transfer to Penfold after it's completed and the value of your pot has gone down, the amount returned to the provider may be less than what you originally transferred. For more information on the risks see here.

Penfold app showing the pension transfer screen

Professionally managed

Pension savings are invested to give them a boost over the long term.

We have partnered with BlackRock, the largest money manager in the world, to manage your investments for you.

Just pick one of four carefully created, low cost investment plans, and let your money work for you.

We offer four Standard options, plus a Shariah and a Sustainable pension fund.

Penfold pensions app showing the plan selection screen with standard, sustainable and Sariah fund options.

Built for everyone

Penfold is the UK pension designed for everyone - freelancer, job-hopper, your own boss.

Penfold is a big, community effort. We talk to thousands of people every week to understand their unique requirements, so we can keep making Penfold better.

Penfold app showing pension fund performance track record screen

Tools to help you decide what to save

Deciding how much to save can be really tricky, particularly if you’re self-employed and your income isn’t fixed.

Our calculator does the hard work for you, helping you choose how much to save based on how much you earn.

With a Penfold pension you can track your investment performance, project and forecast your total pension pot to help you know how much you should save.

Learn more with our Calculator.

Penfold pensions app showing the deposit amount selection screen.

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