Can You Process Pension Contributions Without Doing… Anything?

Uploading pension contributing files can be frustrating. Between formatting them correctly, ensuring the data is correct, to receiving error after error when uploading, it can be a nightmare. Every. Single. Month.

But pension management doesn’t have to be complex, long-winded, frustrating. And integrations don't have to be confusing and inefficient. Outdated providers have had their day.

Automatically Process Contributions with Our Xero Integration

Our new effortless integration with Xero eliminates the need for manual uploads or button presses by automating pension contribution processing entirely. (We’re the first pension scheme to offer this kind of powerful integration to a mainstream payroll software. And soon to be the first pension in the Xero App Store!)

After connecting your clients, there’s no need to spend any time sorting contributions or logging into Penfold. In fact, you never need to upload a pension contribution file again. Every time you run or re-run payroll for your client, we automatically process contributions and you receive an email to confirm the amount of pension contributions for the pay period.

It’s an innovative, automated integration for a modern workplace pension that reduces the administrative burden, and frees up valuable time and resources. And the benefits don’t end there…

In a hurry? Or already heard enough?

Sign up for early access

No Fees. First-Class Service. Industry-Leading Funds.

Penfold’s modern workplace pension is free for payroll professionals, accountants, advisers, and their clients – and all our powerful integrations are included. Savers don’t pay the price either. There are no monthly fees, contribution costs or hidden changes. They pay just a single fee, based on a percentage of their total pot.

Every Penfold partner gets a named account manager to support them, available by phone or email from day one. So whether you need support switching, help closing down old schemes, or advice setting up salary sacrifice, we’re here to help. And our team of pension experts are also on hand to answer any questions from your clients and their employees.

And with industry-leading funds managed by BlackRock and HSBC, a 5-star Defaqto rating, 4.4 Trustpilot score, and 5-star rated savers app, it’s easy to see why payroll professionals, employers and their employees choose Penfold.

The Modern Workplace Pension You (And Your Clients) Will Love

Penfold’s mission has always been to help everyone save enough for a comfortable retirement, simplifying pensions for payroll professionals, employers and savers. The Xero integration might be our latest feature, but we've got loads to shout about.

With a simple and easy-to-use platform, we’re helping accountants focus their time where it matters, delivering more value to their clients and strengthening those relationships.

And with our innovative savers app, we’re helping individuals, directors and employees access free money in the form of government tax relief – and engage in their pensions in a meaningful way. Our mobile app helps savers:

• Track down and combine pensions from their previous jobs
• Forecast how much they’ll need to save with smart, realistic yearly targets
• Change their investment strategy, choosing a plan to suit risk appetite and values
• Adjust their contributions whenever they like, easily topping up or skipping a month

All this and you can get set up with Penfold in five minutes? What are you waiting for?

Get Started with Penfold – and Xero

By signing up to Penfold, you get access to an innovative platform and easy-to-use saving app, and can be one of the first to try our new Xero integration.

Get Penfold for free and sign up for early access to our Xero preview