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Penfold Technology

Simple, lean pension and saving product via the employer.

Summary description

Simple, straightforward pension based on latest technology

Easily onboarded platform for employers to enable their staff to save via a tax efficient pension

Empowers simple saving and supports employee retention

Simple add-on offering to clients for accountants’ clientele aids distribution

Opportunity investment thesis

Clear need to empower all employees to think about and, ideally, add to their pensions

Provides leading, but simple, tech platform for employers to offer their employees

Long-term play into the savings/pension market but runs lean with relatively low B2B acquisition costs supporting sustained growth

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