Whether you’re setting up a new scheme or switching from your current provider, Penfold’s NI Switching Service makes it simple for employers to set up and promote salary sacrifice pension contributions, unlocking savings on National Insurance and boosting employee take-home pay – all in a few guided steps.
NI savings that you can reinvest in your people – or keep on your bottom line.
Everything is explained in plain English, so there’s no confusion or compliance headaches.
Salary sacrifice pensions are a smart upgrade – and the NI Switching Service makes you look smart for offering them.
Already running a pension scheme? We’ll help you move it over, hassle-free.
The NI Switching Service is made up of four smart steps – each designed to save time, reduce admin, and maximise results.
Prefer a guided tour? Book a demo
Find out what you (and your team) could save in seconds.
Enter your current employee count and salary numbers and get an instant estimate on employer and employee NI savings – tweak the numbers based on your current pension contribution levels.
From decision to done in under 30 minutes.
A step-by-step flow to:
Show your team how salary sacrifice works for them.
Each employee gets a tailored view of their net pay impact and pension boost – available via branded microsite or PDF. Clarity drives opt-in rates.
Engaging templates, zero stress.
Get everything you need to roll out the scheme – from launch emails and FAQs to an all-hands slide deck, pre-branded with your company logo.
Trusted by thousands of UK businesses
As part of a review of our workplace benefits, one of the steps we’ve taken is switching to Penfold’s salary sacrifice pension scheme.
With rising employment costs due to the upcoming increase in employer National Insurance contributions, it’s more important than ever to find ways to manage our budgets effectively.
Moving to Penfold helps us to continue to invest in our people whilst reducing employer NICs.
Lisia
CFO at Amplifi Capital
Salary sacrifice is when employees exchange part of their gross salary for a pension contribution – reducing their taxable income and saving on National Insurance.
Yes. Our setup wizard ensures all documentation and processing meets HMRC rules, including opt-in records and minimum wage tests.
Not usually. Most employees keep the same or more net pay – while getting more into their pension. Our personalised illustrations show the exact impact.
Absolutely. You can explore the NI Switching Service risk-free and preview the savings with no commitment.
