Penfold

Penfold: workplace auto-enrolment pensions in the UK

Penfold is a British provider specialising in workplace auto-enrolment pensions. Its offering is aimed at employers, advisers and accountants, as well as individual savers who want to manage their pension through an app. The company presents itself as an alternative that seeks to reduce the administrative burden of pension management and improve employees' financial wellbeing.

Services for employers

For businesses, Penfold offers an auto-enrolment pension plan that, according to its presentation, is free for the employer. Among the advantages it highlights are improved team morale and financial wellbeing, savings through salary sacrifice (which can reduce National Insurance contributions for both the company and employees), setup and management in minutes, and support from a specialist team. The company states that the service helps businesses grow faster and improves employees' financial wellbeing.

Services for advisers and accountants

Penfold also targets accountants and advisers, offering them straightforward administration that reduces the time spent setting up and managing pensions, expert support to solve problems and help their clients, and the possibility for those clients' teams to feel more secure about their financial future.

Services for individual savers

For savers, Penfold presents itself as an option to maximise tax benefits and minimise complications. It highlights a clear and simple pension, the ability to transfer old pensions into a single pot with a few clicks, and a pension that stays with the user throughout their career, remaining in place when they change jobs.

Recognition and media presence

The site includes mentions in media such as The Telegraph, HR Magazine, Workplace Journal, Startups.co.uk, Pensions Age, Corporate Adviser, Good Money Guide, Employee Benefits and GB News. Among the featured headlines are Penfold's inclusion among the best pension providers for 2026, the company passing £1 billion in assets, and survey data on the importance of workplace pensions as a retention factor and a benefit valued by employees.

Customer reviews

The company shows testimonials from customers and HR managers that highlight customer service, speed of transfers, flexibility, the app and hassle-free payroll management. The Trustpilot score shown in the material is 4.6.

Location and contact

Phone: 020 8003 5908 · Email: hello@getpenfold.com