Effortless National Insurance cost savings
Whether you’re setting up a new scheme or switching from your current provider, Penfold’s Smart Salary Sacrifice 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.
No setup cost. No training needed.
Why use the Smart Salary Sacrifice Switching Service?
Save money without cutting pay
NI savings that you can reinvest in your people – or keep on your bottom line.
Easy for employers, clear for employees
Everything is explained in plain English, so there’s no confusion or compliance headaches.
Stand out with better benefits
Salary sacrifice pensions are a smart upgrade – the NI Switch Service makes you look smart for offering them.
Switching made simple and fast
Already running a pension scheme? We’ll help you move it over, hassle-free.
How it works
The Smart Salary Sacrifice 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
Savings calculator
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.
Set-up wizard
From decision to done in under 30 minutes.
A step-by-step flow to:
- Choose your salary sacrifice setup
- Generate HMRC-compliant letters and opt-in forms
- Export your updated payroll file
Personalised employee illustrations
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 PDF.
Our app also makes it easy for employees to see the benefits of switching to salary sacrifice.
Clarity drives opt-in rates.
Ready-to-go comms pack
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.
