LoginGet started
LoginGet started

The private pension for the 21st Century

Welcome to a new kind of private pension. Set up in minutes, top up, pause and combine in a few quick taps. It's that simple. Leave the future to us, so you can get back to living today.

Get started from just £1
Download at the Google Play Store
Download at the Apple App Store
Penfold — Enjoy the now

As with all investments, your capital is at risk

The private
pension for
the 21st
Century

Welcome to a new kind of private pension. Set up in minutes, top up, pause and combine in a few quick taps. It's that simple. Leave the future to us, so you can get back to living today.

Download at the Google Play Store
Download at the Apple App Store

As with all investments, your capital is at risk

Penfold — Enjoy the now
Penfold — Enjoy the now

Enjoy the now

Welcome to a new kind of pension.

Full flexibility

Life is full of twists and turns. Penfold's private pension is right there with you.

Top up, change, or pause your contributions any time — instantly and online.

Effortless to use

Managing your private pension shouldn’t be painful.

We built Penfold to be simple. Set up in minutes. Manage with a few quick taps.

Choose how much to save

Pick a growth profile

Not even a step, just done.

Penfold — Enjoy the now

25% savings bonus

The government adds a 25% bonus to everything you save into a private pension.

That’s guaranteed cashback on what you save and we organise it for you, adding it directly to your pension. Tax treatment does depend on your individual circumstances & may be subject to change in the future.

No hidden fees: one all-in fee per private pension plan

Standard

0.75%

0.75% up to £100k, 0.45% beyond.

Our most popular plan, with four different risk level options.

Sustainable

0.75%

0.75% up to £100k, 0.45% beyond.

Invest ethically without sacrificing pension growth.

Shariah

0.88%

0.88% up to £100k, 0.53% beyond.

Invest your pension only in Shariah-compliant companies.

Friendly, helpful & expert support

Pensions can be confusing. Our friendly team of experts will answer any question you have, and we promise no jargon.

No waiting lines, no call centres. Just drop us a message on chat, email us or give us a call any time.

Track & transfer old pensions

If you already have the pension details of your old pension, you can open your Penfold pension with a transfer.

Or, use our pension tracing service to track down the details of your old workplace pension pots by simply entering your your old employer name.

Consolidating your pension with Penfold is easy, free of charge, and our friendly customer service will manage it on your behalf.

Penfold — Enjoy the now

Remember

It is important to compare providers’ fees & any guaranteed benefits when deciding on 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 pot has gone down, the amount returned to the provider may be less than what you originally transferred.

Please know that if your employer is paying into your pension currently, transferring that pot may mean you lose out on their contribution. For more information on the risks see here.

Join thousands of savers already paying into a private pension with Penfold

How it works

1

Download our app or register online.

2

We help you decide how much to save and which plan is right for you.

3

Top-up your account by Direct Debit or by bank transfer. Pause or change any time.

4

We add your 25% tax bonus each month. Pension & tax rules apply.

5

Review your progress on our clear, online dashboard. Withdraw from age 55.

Penfold dashboard and risk selection screens

We keep your money safe

Separated

Your money is held by a third party custodian with Lloyds bank. If the event that Penfold became insolvent, your assets would be kept separate and transferred to another provider. Your investments are managed by BlackRock, the largest money manager in the world, and HSBC.

Secure

Your data is secure and protected by the most up-to-date technology and processes. We strictly follow GDPR guidelines.

Protected

Your pension holdings are protected by the Financial Services Compensation Scheme. In the event Blackrock, HSBC or Lloyds bank became insolvent, your pension is protected up to £85,000 per individual with an eligible claim.

Expertly managed

We offer a range of simple, all-in-one plans to take the stress out of investing and make pensions fuss free - like they should be. Select from our Standard, Sustainable and Shariah plans, which are all managed by some of the world's largest asset managers, BlackRock and HSBC.

Designed to work for you

Designed to
work for you

Professionally managed

Penfold pensions are managed by BlackRock and HSBC. Just pick one of six carefully created, low cost investment plans, and let your money work for you.

Built for today

Penfold was designed for the modern worker. Self-employed, side-hustlers, company directors, job-hoppers. We’re for you.

Tools help you decide what to save

Our calculator does the hard work for you, helping you choose how much to save based on how much you earn.

FAQ

My question isn’t here. See all FAQs ».

Get in touch

The Penfold team sitting amongst lots of plants

Our team is made up of experts in pensions, technology, security, operations and customer services. You can reach us any time on chat, by phone or on email.

0208 003 5908

hello@getpenfold.com

The Penfold team sitting amongst lots of plants

Our site uses cookies.
Read our privacy policy.