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.
Digital, fast-growing businesses love Penfold for our:
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.
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.
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.
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.
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.
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.
Jargon-free pension support is only a phone call away with dedicated 1-2-1 account management that offers payroll support and weekly check-in calls.
Switching is easy with fully-managed onboarding for your team.
"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!"
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.
We do the work involved in switching you over, including contacting your current provider to initiate the change and un enrolling your employees.
We provide a suite of guides, templated emails, FAQs and dedicated account management to support you and your team throughout.
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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