A workplace pension that's made for your team
Penfold has the highest customer engagement rates in the industry.
We created an app that your employees want to use. And that means happier employees, higher retention and less admin. It's a win for everyone.
Plus free setup, leading trust ratings and expert support.
Why choose Penfold?
- Zero Fees for Employers
Setting up your Penfold employees auto-enrolment pension is fee free. We don't charge you for providing pension solutions to your team. No admin, set-up or switching fees.
- Effortless Setup
Our workplace pension service is designed to make your life easier. Enjoy simple, quick, fuss-free setup, whether you're new to auto-enrolment or switching to us.
- Full Compliance
Our team handles compliance from start to finish. Freeing up your time and energy, our products are designed to meet all auto-enrolment requirements.
- Exceptional Support
Relax knowing that you have an expert pensions team at your fingertips. From a dedicated account manager, switching support, and auto-enrolment pension experts, we've got you covered.
Why Penfold stands out
Trusted By Thousands
Thousands of businesses trust us, and our reviews tell the story. With a 5-star Defaqto rating, a 4.6 Trustpilot score, and a top-rated 5-star employee app, you can rely on us when it comes to your workplace pension scheme.
Exceptional Fund Returns
Our fund performance speaks for itself. Partnered with BlackRock, our Standard Lifetime plan consistently outperforms the market for auto-enrolment products.
Cut National Insurance
We're here to do things better. Like saving you and your employees £1,000s in National Insurance contributions. Our free salary sacrifice set-up can cut NI costs without affecting pension contributions.
Get started quickly and easily
- STEP 1: Create your account
Get started with just your business email, team size, company number and payroll details. Our guided onboarding makes setting up your business profile easy. No long forms, no time-consuming questions. Just simple set up.
- STEP 2: Invite your team
Once your business profile is set up, you can start inviting your team. With just a few clicks you can invite your employees to sign up, download our 5-star pension app and start choosing the pension and investment options that work for them.
- STEP 3: Enjoy ongoing support
Got a pension query? Want more detail on auto-enrolment? Unsure about your compliance requirements? Our pension experts, dedicated account managers and support team are here to help.
Setting up a workplace pension has never been easier
Whether you're looking to set up your first auto-enrolment pension scheme or switch to the UK's most trusted provider, we've taken the stress out.
Our quick online set up is designed to be painless. Just pop in your company email and choose your password to open a profile. Then a few multiple-choice questions, your Companies House number and some payroll details later, and you're set.
No long forms. No messy legalese. Just simple, clear, and quick guidance. That's just how we do things. And we handle all auto-enrolment compliance automatically.
Trusted by thousands of UK businesses
From small startups to established enterprises, businesses rely on Penfold to simplify pensions and support their teams.
Hear from some of our clients
Everyone needs an auto-enrolment pension scheme, so why not use the best one? Penfold really stands out with the customer service it offers. They’re so much more flexible and on top of things than any other pension provider I’ve spoken to. Investment performance is most important, and Penfold’s historical performance is excellent.
Penfold’s team of dedicated experts are super responsive and will help me with any kind of questions or queries that I might have. There’s no longer this restriction where I’m working as a kind of middleman. In fact, people can just go straight to the source and get whatever information they need. Penfold was absolutely amazing in terms of the education, the training, and all the administrative backlog that goes on with moving over pension providers. It ran so smoothly.
Penfold is dramatically better than anything we’ve worked with before and has helped me by removing all of the admin that comes with pensions. ‘Saving time’ is one of the key benefits that encourages me to recommend it to others. Penfold’s been a huge success at Cuvva, with 88% of the company logging into the app to view their pensions. It’s one of the tools I just could not live without.
