We founded Penfold because we believe traditional pension providers aren’t working anymore. Their clunky technology and endless jargon has left consumers confused and disinterested. Millions have lost track of their pension or even put off saving entirely.
So we built a next-generation pension platform that removes the pain from saving for later life. Our highly-rated apps and website let users set up their pension in minutes, or find and combine their old pots in a few taps.
We started with the UK’s 5m self-employed, as 86% weren’t saving into a pension. Penfold is now open to everyone and we'll soon launch workplace pensions to broaden our customer base even more. With £7trn held in UK pension funds, but millions still not saving enough, the market is huge and ready for disruption.
You can find out more about us by watching our crowdfunding video: https://vimeo.com/545998729