Save money with salary sacrifice
Cut your business and employees tax bills with a tax efficient pension.
By offering pension contributions through salary sacrifice, employees get to keep more of what they earn by lowering the amount of their income subjected to National Insurance.
Salary sacrifice also reduces the amount of National Insurance a company owes. The bigger your team (and the more your employees earn), the more you save.
We can implement salary sacrifice for your team with free, personalised, consultations. Speak to an expert to find out more.
Helping businesses deliver great pension experiences for thousands of employees
Why Penfold Workplace?
Digital, fast-growing businesses love Penfold for our:
Easy-to-use app
Discover the intuitive pension app that your employees will love.
Find and combine old pensions, set savings goals and get a notification whenever your employer contributions land.
Dedicated support
Enjoy 1-2-1 account management and support from our friendly team of pension experts.
Always available online, on the phone or directly via your Slack or work chat.
Education programme
Access free training and workshops to improve your teams' financial literacy and support their wellbeing.
We provide guides, videos and FAQs so your team gets the most value out of your most expensive benefit.
Sustainable funds
Let your employees save in line with their ethics with investments that aim to make a positive impact on the world without sacrificing growth.
Or they can choose from our Lifetime, Standard or Sharia funds.
Engage, attract and retain the best talent
Boost your employer brand with a better pension scheme.
90% of UK workers say their company pension influences whether they stay or leave their current role.*
Get a free pension consultation so you can design the right scheme for your business, benchmark your current scheme against your peers and step up your pension offering as you grow.
*Based on a 2022 survey of 2,000 UK employees.
Level up your benefits package
Keep your team happy and engaged with a pension they’ll love.
Support your teams’ financial wellbeing with an engaging pension experience they’ll use and appreciate.
Help your team reach their retirement goals with our highly rated app with goal setting for contributions, a track-and-transfer service for complete visibility of savings and a forecast tool to understand their future pension pot.
Access a free of charge education programme to improve your teams’ financial literacy.
Speak to a real human, whenever you need to
Loved by your team
Emma Bagshaw, Writer
"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."
James Bardwell, Executive
"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."
Laura Barr, Manager
"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!"
Ready to switch?
We’ve helped hundreds of businesses change providers so we know how to deliver an accurate and efficient switch over for you and your team.
Fully managed by us
We do the work involved in switching you over, including contacting your current provider to initiate the change and un enrolling your employees.
Help with communication
We provide a suite of guides, templated emails, FAQs and dedicated account management to support you and your team throughout.
You set the pace
We can work to your timelines. The switchover can be completed within a few weeks or stretched over a quarter. It’s entirely up to you.
If you're interested in finding out more about Penfold's workplace pension, simply enter a few details and we'll get back to you with more information.
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