Penfold: Get £25 Free & Start Saving For Your Future

Penfold pension is a new, easy to use pension that is a top alternative to the traditional pension companies - Penfold allows its users to set up, manage and track their pension from their easy to use app.

Not many people think about saving for their future and for when it comes to retiring however it is a really important thing we all need to be thinking about.

If you haven't given it a thought as of yet, I highly recommend you read up about pensions and what the benefits of having a pension is - if you want to sign up to Penfold, then Click Here and Penfold will give you a free £25 in your pension just for signing up.

I have been using Penfold for a while now and I can honestly say it is one of the most easy to manage pensions I've tried not only that but their app is straight forward and simple to use.

I have always highly recommended Penfold to my friends and family and anyone who was looking into getting a pension and I've had most of them sign up for a Penfold pension - their sign up process takes minutes, literally!

Take a look at some of Penfolds FAQ to better your understanding of their pension below:

What can Penfold do?

  • Figure out how much you need to be saving

  • Set your pension up in just 5 minutes

  • Choose where the money in your pension is invested

  • Get tax relief on your pension contributions

  • Adjust and pause your contributions when you need too

  • Transfer and combine multiple old pensions into one account

  • Track how much you have saved and what that will mean in the future

  • Top up your savings with extra cash in a good month

How do I set up a Penfold account?

We wanted to make pensions incredibly easy and simple to set up, so sorting out your pension with Penfold should take less than 10 minutes and can be done in one go, online. We will need to verify your identify, so you’ll need a national insurance number and UK bank account as well as a UK address, and UK tax-payer status.

Is there a minimum amount I need to pay in?

We think pensions are inaccessible enough as it is, and high minimum contributions only put people off saving. You can open a Penfold pension with just £1 a month.

Can I transfer my existing pensions to Penfold?

Absolutely. We help customers transfer and combine previous pensions. We know it can be hard to remember past employers’ pension providers, so all we ask is that you give us as much information as you have. If this doesn’t prove to be enough to go on, we’ll get in touch and work through the details together. There is no cost for customers using this service.

Don't forget, sign up to Penfold and get your £25 free deposit paid in to your pension today!

Follow us on Twitter @themoneybloguk