Pensions By Penfold

Penfold Pension App

About this app

Feel empowered by your pension with Penfold’s intuitive interface, powerful tools and friendly customer service. We make pensions easy so you can have confidence about life after work.

Get a pension in under 5 minutes
• Create an account with an email and password
• Enter some details like your name and address
• Transfer an old pension or pay in some cash
• All done! Complete access to a modern pension

Transfer your pensions for free
• Combine old workplace and private pensions
• Enter a few details about your old pensions in-app
• Our transfer specialists do the paperwork for you
• Get transfer progress updates on your dashboard

Track down lost pensions
• Use our in-app Find My Pension tool
• Simply enter your previous employer’s name
• We’ll tell you the provider and contact details

Completely flexible pension contributions
• No minimum monthly contribution amount
• Set up recurring or make one-off payments
• Easily top-up, adjust and stop your contributions
• Receive a 25% tax relief top-up automatically

Switch pension investment fund any time
• Lifetime: Automatically adjusts risk level over time
• Standard: Choose your preferred risk level
• Sustainable: Invest in high ESG rated companies
• Sharia: Investments approved by a Sharia board

Low pension fees and no hidden charges
• An annual fee of 0.4% to 0.88% depending on your investment fund and account balance
• No charges for anything else including exits, transfers and drawdown

Friendly, expert pensions service
• Our UK-based team are on hand to support you
• Ask questions via in-app chat, email, or phone
• No waiting lines, call centres or jargon!

Securing your pension savings
• Investments are managed by the largest money managers in the world - BlackRock and HSBC
• We’re part of the Financial Services Compensation Scheme (FSCS)
• We’re authorised and regulated by the Financial Conduct Authority (FCA)
• We safeguard your data with the most up-to-date security technology and strictly comply with GDPR
• As with all pensions and investments, your capital is at risk

Ratings and reviews

Nice and modern UI, any section is easy to navigate. Main view of portfolio and performance info are well displayed, no ads. App stable, provides everything you need keeping the management simple, security is guaranteed also by using fingerprints. In the end I would say that the approach is good, a complex topic like pension simplified, made manageable via smartphone in the best way. Keep it up. Good job 👍

Was great but has become unusable. Not sure if it's down to an recent update or what, but my version is unstable and unusable. Takes ages to open, once you get an option to function you can't then close to get back to the home screen. Get it back to where it was please!!!!

Truly exceptional. I was sceptical at first, but the last month has been superb, everyone at Penfold has been so helpful. I am not self employed but love it! They are building a solid platform, solid brand, and genuinely care about what they are doing. Great work everyone.

What's new

Introducing Your Forecast!
Your Forecast is a new tool which gives a personalised forecast of what your pension will look like when you retire.
Launch Your Forecast from your dashboard to calculate your yearly retirement income instantly.