Employee financial wellbeing

Keep your team happy, loyal and financially confident

Your best people are your biggest asset. With Penfold, your workplace pension becomes a powerful tool for retention, financial wellbeing, and long-term employee trust.

Set up in minutes or Talk to our team

Stand out with a benefit employees actually use and appreciate

What today’s employees expect

Our survey of 2,000 UK working adults and 500 UK SMEs revealed significant discrepancies between how companies and their teams think about the most expensive employee benefit in their package – their workplace pension.

90% of employees consider their workplace pension when deciding if they should remain in their current job.

A better pension isn’t just a nice-to-have. It’s a reason to stay.

Make pensions feel less like a black box

Most employees don’t know how much they’re saving, where it’s invested, or how they’re tracking toward retirement. With Penfold, that changes.

  • Beautiful app with real-time balances and projections
  • Jargon-free tools and explainer content
  • Smart nudges and reminders to build healthy habits

The more people understand their pension, the more likely they are to value it – and your company.

A benefit employees actually notice

Penfold makes pensions visible, usable and appreciated – not just something that appears on a payslip. Our app helps savers:

  • See exactly how their money is growing
  • Understand investment choices and risk
  • Forecast future retirement income

It’s everything they need to feel good about saving – and good about where they work.

Improve employee financial wellbeing

Financial wellbeing builds trust and loyalty. Penfold helps your team:

  • Feel in control of their money
  • Understand how to improve outcomes
  • Access support and education whenever they need it

Our recent research found that around half of employees see financial education as a reason to stay with a company.

When your workplace pension is working hard to support your team, so are you.

Our employees want a pension experience that matches how they manage the rest of their finances. And Penfold is just that - there is so much to do on the app from making contributions to seeing exactly where your pension is invested!

Alex Perkins

Senior People Operations Partner at Cuvva

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Our employees are benefiting from a scheme that gives them full visibility into how much they’re saving, where their pension is invested in and that ultimately allows them to self-serve wherever possible.

The support offered by Penfold on the implementation and day-to-day support has been superb, and reduced the amount of work that the finance team had to do previously.

Mobeen Rasheed

Head of Finance at Attest

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Penfold offers great customer service to ourselves as Payroll Managers but also to our employees, who value the app experience.

Implementing Penfold has led to a decrease in our negative ticket numbers and we have far less payroll corrections to facilitate.

Michaela

Senior Payroll Expert at Deel

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Join Penfold and make pensions your easiest win

Set up or switch to our modern workplace pension in minutes. Save money, reduce admin, and give your team a benefit they’ll actually value.

Set up in minutes or Talk to our team

FCA regulated. Trusted by 5,000+ UK businesses.

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