The Sustainable pension

Make a positive impact on the world without sacrificing your pension pot growth by selecting our ethical pension option.

Get started
Penfold Dashboard and Activity pages

As with all investments, your capital is at risk.

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

Save in line with your ethics

Socially Responsible Investing

The fund invests in companies with the highest ESG ratings, relative to their peers within each sector.

Anti-climate change screening

Your money will be invested in companies that prioritise environmental issues including climate change, pollution and waste.

One simple all-in fee

We hate hidden fees. You'll only pay one annual fee of 0.75% for pots under £100,000, or 0.45% for pots over £100,000.

We work with the largest asset manager in the world

Our plan is managed by BlackRock, who invest your pension in thousands of companies and other assets around the world using advanced technology to balance growth and risk.

BlackRock maintains the sustainability of the fund through ESG screening, ESG enhancing and Socially Responsible Investing.

How it works

How it works

Select the sustainable plan

Enter your email address and some personal details, then select the Sustainable pension plan when you sign up.

Add money or transfer

Setup with a Direct Debit, a bank transfer contribution or a pension transfer request.


Track your ethical investments. Project and forecast your pension with our calculator tools.


Withdraw easily online at 55. There's no restrictions with withdrawing a Penfold pension.

Transfer & make all of your pensions sustainable

If you’re trying to make more planet friendly decisions in your everyday life, have you thought about how your existing pension pots are invested? Pension funds invest in all sorts of businesses around the globe.

If you consolidate your old pension pots into Penfold's Sustainable option, you can relax in the knowledge that your savings, like you, are trying to do the right thing. To understand more about how you can transfer your pensions over to Penfold, head here.

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. 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. For more information on the risks see here.


Join thousands already saving with Penfold

Crowd of happy people


Quick and easy to set up, I am loving the ‘Sustainable’ growth profile and the app is easy to use. And the customer service for Penfold is amazing! Really enjoying using their service so far.


It was so simple to set up and the team were able to transfer in my existing pension pots for me without hassle. Everything is clear and easy to understand, which is a relief when traditional pensions can be confusing.


I set up a pension with Penfold and had an initial issue with set up which Rachel very quickly resolved. The option of a sustainable fund is hugely important and the ease of using the app is great. Highly recommend to freelancers and self-employed.

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