Hello! We're Penfold - your new workplace pension. Just not as boring as the ones you've had before - we promise.
Here are some simple tips to help you understand your pension and supercharge it without having to add any extra money.
Switching jobs often means leaving old pensions behind.
Our Find my Pension tool can track down old workplace pensions if you've lost the details.
Enter some basic information about your pensions and combine them together in just a few taps.
Sit back and relax whilst our experts handle the transfer work for you, and keep you updated along the way.
We’ve kicked you off with 100 entries already as a Penfold customer.
It’s our way of saying thanks 🚀.
Combine pensions and check your Forecast tool to get extra entries in our £40k giveaway prize draw.
One lucky customer will win £40,000 in their pension from us, which could grow to £173k* at retirement.
Our Forecast tool calculates what your pension value today could be worth as an income at retirement.
Use the lifestyle categories to see what standard of living your pension might be able to afford you.
Thanks to compound returns, see in real-time the impact that adding money today can have on your overall future with your Forecast tool.
Grow your wealth stress-free with our range of hand-picked, diversified pension plans to suit you at every stage of life.
Dig into the performance, companies and countries behind each of our investment funds, and switch to a fund that's right for you.
Even track how your pension has performed to date in-app.
Salary sacrifice means you 'swap' a small amount of your salary to go directly into your workplace pension.
This means you're slightly reducing your monthly take-home pay right now, which means you owe less tax.
Salary sacrifice means you pay less national insurance tax and get more money added to your pension, meaning you keep more of what you earn overall.
"Penfold have the tools and service to make you think and feel confident about your future, and help you make the right decisions along the way."
"I really can’t imagine losing the visibility and slick experience Penfold's app provides and so will be sticking with Penfold throughout my career."
"Penfold opened my eyes to what value a pension can actually bring you. I now have full control with Penfold as my source of truth for all pensions!"
*Based on 30 years growth. This includes tax relief and annual growth of 7% from investments, less fees. These figures are not adjusted for inflation.
Read our £40k Giveaway 2023 Terms.
It's important to compare providers' fees and any guaranteed benefits when deciding whether to transfer, and be sure that the investments available are suitable for you. We cannot accept defined benefit pension transfers.
If you decide to close your Penfold account and the value of your account has gone down, the amount returned to the provider may be less than your original transfer.
If your employer is currently paying into your pension, transferring that account may mean you lose out on their contribution. For more information on the risks see here.