Reduce Employer NICs: Salary Sacrifice Pensions

Sustainable Plan

Invest in your future along with your sustainability preferences without sacrificing returns.

As with all investments, your capital is at risk.

Align your savings with your values

We believe that environmental, social and governance (ESG) matters are crucial for the future of our planet.

Our Sustainable plans aim to balance positive impact with potential returns, aligning your savings with your values.

The Sustainable plan has a simple all-in fee structure: an annual fee of 0.75% for savings under £100,000, and 0.4% for any amount over £100,000.

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Partnering with BlackRock

We're proud to collaborate with BlackRock, the world's largest investment manager, to protect and grow our customers' pension savings with our Sustainable plan through BlackRock’s MyMap Select ESG funds.

BlackRock's MyMap Select ESG funds invest across thousands of companies and other assets with the following objectives:

  • Greener Government Bonds: At least 80% of the fund’s government bond investments go to countries that are making progress on environmental and social issues.
  • Lower Carbon Intensity: The fund aims to invest in assets that are, on average, 30% less carbon-intensive than the broader market – meaning they generate less carbon for the amount of value they create.
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Personalise your investment risk

Tailor your pension to fit your stage of life and investment preferences. It's easy to adjust your risk level in a couple of taps, online or with our app.

Level 5: Highest growth potential and risk

More than 15 years from retiring. Aims for long term growth. 100% exposure to sustainable equities.

Level 3: Low to medium growth potential and risk

Around 3 to 15 years from retiring. Aims for moderate growth. Balanced risk profile across sustainable investments.

Level 1: Lowest growth potential and risk

Retiring in the next 2 to 3 years. Aims to protect your pot value. Low risk sustainable investments.

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Sustainable plan FAQs

Join Penfold and bring financial wellbeing to your team

Give your team a top pension and boost their financial wellbeing

Boost your benefits package to keep and tempt the best talent

Get industry-beating account management at no extra charge

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