Workplace pensions that employees actually use
Most workplace pensions are ignored.
Penfold helps employees understand, engage with and take control of their retirement savings, while making life easier for employers.
Whether you’re setting up your first workplace pension or considering a switch, Penfold helps businesses get more value from one of their most important employee benefits.
Trusted by thousands of UK businesses
From growing startups to established employers, businesses across the UK trust Penfold to help their teams save for retirement.
Most workplace pensions are ignored
For employees, their pension is one of the most valuable benefits they receive. Yet most people rarely check it, don’t understand how much they’ve saved, and aren’t sure whether they’re on track for retirement.
That means employers are investing heavily in a benefit that often goes unnoticed. Penfold is designed to change that.
By making pensions simpler, clearer and easier to access, we help employees engage with their retirement savings and get more value from their pension.
A pension that’s genuinely a benefit
When employees understand their pension, they’re far more likely to pay attention to it.
Penfold helps employees see what they’ve saved, understand what it means for their future, and take simple actions to improve their retirement outcomes.
Behind that is a pension built to deliver real value, with carefully selected investment options, competitive fees and a user experience designed around clarity.
Instead of a benefit employees ignore, you get one they actually use.
Why businesses choose Penfold
Employee engagement
Help employees understand and use their pension.
Easy administration
Simple employer tools and visibility.
Expert support
Pension experts available when needed.
Salary sacrifice implementation
Reduce employer and employee National Insurance.
Investment choice
Carefully selected funds to suit different needs.
Auto-enrolment ready
Everything needed to stay compliant.
Everything employers need from a workplace pension
Running a workplace pension shouldn’t create unnecessary administration.
Penfold gives employers clear visibility over contributions and activity, while our team helps support both you and your employees.
Whether you’re managing your first workplace pension or supporting a growing workforce, Penfold makes pension administration straightforward.
Clear visibility and simple management
Expert support when you need it
Employee financial wellbeing tools
Easy onboarding and implementation
Already have a workplace pension?
Many businesses choose a pension provider when they first set up and never review it again. As organisations grow, priorities often change.
Employers may start looking for
- Better employee engagement
- Improved support
- Easier administration
- Salary sacrifice opportunities
- A more modern pension experience
If you’re reviewing your current workplace pension, Penfold can help you understand whether a switch could benefit your business and employees.
Hear from our customers
Everyone needs an auto-enrolment pension scheme, so why not use the best one? Penfold really stands out with the customer service it offers. They’re so much more flexible and on top of things than any other pension provider I’ve spoken to. Investment performance is most important, and Penfold’s historical performance is excellent.
Penfold’s team of dedicated experts are super responsive and will help me with any kind of questions or queries that I might have. There’s no longer this restriction where I’m working as a kind of middleman. In fact, people can just go straight to the source and get whatever information they need. Penfold was absolutely amazing in terms of the education, the training, and all the administrative backlog that goes on with moving over pension providers. It ran so smoothly.
Penfold is dramatically better than anything we’ve worked with before and has helped me by removing all of the admin that comes with pensions. ‘Saving time’ is one of the key benefits that encourages me to recommend it to others. Penfold’s been a huge success at Cuvva, with 88% of the company logging into the app to view their pensions.
