Penfold Reviews 2,118

TrustScore 4.5 out of 5

4.6

While we don't verify specific claims because reviewers' opinions are their own, we may label reviews as "Verified" when we can confirm a business interaction took place. Read more

To protect platform integrity, every review on our platform—verified or not—is screened by our 24/7 automated software. This technology is designed to identify and remove content that breaches our guidelines, including reviews that are not based on a genuine experience. We recognise we may not catch everything, and you can flag anything you think we may have missed. Read more

Review summary

Based on reviews, created with AI

Reviewers overwhelmingly had a great experience with this company. Customers consistently praise the staff for their helpfulness, professionalism, and friendly demeanor, often highlighting their quick responses and clear communication. Many people found the customer service to be excellent, noting the team's efficiency in resolving queries and providing support, making the overall experience smooth and effortless, especially when transferring pensions. The user experience is frequently described as easy, intuitive, and straightforward, with many appreciating the seamless setup and the user-friendly app. However, some customers also noted issues with the transfer process, experiencing delays and a lack of proactive communication. A few people were dissatisfied with the customer service, mentioning slow responses or a perceived lack of research and follow-through on promises, particularly concerning complex transfer cases.

What people talk about most

Staff

Reviewers mention positive feedback about staff. Customers consistently praise the team for being helpful,... See more

Customer service

Users describe positive interactions with customer service. Many customers praise the efficiency,... See more

Service

Customers had positive experiences with service, often praising its efficiency and helpfulness in pension... See more

User experience

Clients share positive opinions on user experience, highlighting the ease of use and intuitive design of the... See more

Response time

Consumers find response times to be positive. Many reviewers highlight quick replies, prompt resolutions to... See more

Based on these reviews

Rated 5 out of 5 stars

So easy to control my pension. I was paying a large % fee to an IFA who wasn’t doing a lot, so decided to go it alone as I work in financial services. The % fee has dropped considerably and controllin... See more

Company replied

Rated 5 out of 5 stars

I started using Penfold as a sole trader as they were one of the few platforms that would allow me to pay in ad hoc and not a minimum per month. That saved me with rollercoaster income! My money has a... See more

Company replied

Rated 5 out of 5 stars

Penfold pensions are a great company to have in control of my pension always quick to respond to my questions and great with communication and advice my resent withdrawal was smooth and effortless a... See more

Company replied

Rated 5 out of 5 stars

Emailed to ask for help with a temp NI number as an employee did not have one yet, and got a response instantly from Sümeyye with how to get this sorted. Very accommodating when my company policy was... See more

Company replied


Company details

  1. Pension Fund
  2. Financial Institution
  3. Investment Service
  4. Pension Office
  5. Retirement Scheme Provider

About Penfold

Written by the company

Feel good about your financial future - our pension is here to get you to your saving goals and stay with you for life. Get your savings back on track, grow your wealth, and get to know the ins and outs of your pension. All with friendly and expert support while we keep your money safe and secure. Join thousands of happy Penfold pension savers today.

Visit website


Contact info

4.6

Excellent

TrustScore 4.5 out of 5

2K reviews

5-star
4-star
3-star
2-star
1-star

Replied to 85% of negative reviews

Typically replies within 1 week

How this company uses Trustpilot

See how their reviews and ratings are sourced, scored, and moderated.

Companies on Trustpilot aren't allowed to offer incentives or pay to hide reviews. Reviews are the opinions of individual users and not of Trustpilot. Read more

Rated 5 out of 5 stars

The experience of transferring multiple…

The experience of transferring multiple pensions has been made easy my Penfolds online app. Easy to do and easy to understand where everything is up to with the app.

16 April 2026
Penfold logo

Reply from Penfold

Hello Guy,

Thank you for your feedback! We’re really glad to hear that transferring your pensions has been easy and that you’ve found the app clear and straightforward to use.

Best,
Penfold

Rated 5 out of 5 stars

Thank you for holding my pension

Thank you for holding my pension. £5k to HMRC was ouch! 😁

15 April 2026
Unprompted review
Penfold logo

Reply from Penfold

Hello Fullbahar,

Thank you for updating your review - we really appreciate it! We’re glad we could help clarify things for you, and if you ever have any questions in the future, we’re always here to help.

Best,
Penfold

Rated 5 out of 5 stars

very happy with how quickly and easy…

very happy with how quickly and easy this process was thankyou

14 April 2026
Penfold logo

Reply from Penfold

Hello Michelle,

Thank you for your kind words! We’re really glad to hear the process was quick and easy for you

Best,
Penfold

Rated 1 out of 5 stars

Can't get on my account

Can't get on my account

15 April 2026
Penfold logo

Reply from Penfold

Hello Suzanne,

Thank you for your feedback, and we’re sorry to hear you’ve had trouble accessing your account.

Our team has reached out to help get this resolved for you as quickly as possible - please get back in touch with us if you still need support.

Best,
Penfold

Rated 5 out of 5 stars

Very good service

Very good service! Thank you

10 April 2026
Penfold logo

Reply from Penfold

Hello Janis,

Thank you! We’re glad to hear you’ve had a positive experience with us.

Best,
Penfold

Rated 5 out of 5 stars

The team at Penfold are really helpful…

The team at Penfold are really helpful and patient, Jennifer was very patient and gave me all the information I needed for my enquiry.

Thank you

14 April 2026
Unprompted review
Penfold logo

Reply from Penfold

Hello Jay,

Thank you for your lovely feedback! We’re really pleased Jennifer could support you and provide the information you needed.

Best,
Penfold

Rated 1 out of 5 stars

Be careful do not invest with penfold …

Try to get your money back of these maggots when you need it most is impossible. Customer service is useless you can't get in touch with anyone. They will try anything they possibly can not to pay you your money. There are much better options out there. So folks do not invest your hard earned money with these cowboys. AVOID AVOID AVOID

9 April 2026
Unprompted review
Penfold logo

Reply from Penfold

Hello Ally,

We’re sorry to read this and understand how frustrating this must feel. We do have set processes and timelines in place when it comes to accessing pension funds, and our support team has been in touch to explain this.

If you still have questions or need further help, please do get back in touch - we’re here to support you.

Best,
Penfold

Rated 5 out of 5 stars

Great service from Humayun

Great service from Humayun. Nothing is too much for Penfold. Would highly recommend this company

8 April 2026
Unprompted review
Penfold logo

Reply from Penfold

Hello Kal,

Thank you for your kind words! We’re really glad to hear you had a great experience with Humayun - we’ll be sure to pass this on.

Best,
Penfold

Rated 5 out of 5 stars

Easy

Easy, all-digital interaction. So good to have an app where things work well and there's no need to have to go to customer support!

13 April 2026
Penfold logo

Reply from Penfold

Hello John,

Thank you for your feedback! We’re really glad to hear you’re enjoying the smooth, all-digital experience - it’s great to know everything is working as it should.

Best,
Penfold

Rated 5 out of 5 stars

Helped me with my problem straight away…

Helped me with my problem straight away conversation went better then expected had my problem solved the same day and reply’s were very quick very happy with my experience

8 April 2026
Unprompted review
Penfold logo

Reply from Penfold

Hello Paige,

Thank you for your kind feedback! We’re really glad to hear your issue was resolved so quickly and that the experience was even better than expected — that’s exactly what we aim for.

Best,
Penfold

Rated 5 out of 5 stars

Efficient and effective

I have been with penfold for the best part of 4 years and am delighted with the outcomes. The company is easy to deal with, the app works fine and information is always clear. They take my money, put it in some funds and make it grow at a decent level. I don't go around comparing as it's a long game but all is good.

6 February 2026
Penfold logo

Reply from Penfold

Hello Brian,

Thank you so much for your continued support over the past few years — it really means a lot. We’re so pleased to hear you’ve had a positive experience and that everything has felt clear and easy to manage along the way.

It’s great to know you feel confident leaving things with us for the long term.

Best,
Penfold

Rated 5 out of 5 stars

Easy to invest and track

Penfold have made it easy to invest in a pension. The process is transparent and you can easily check to see how your pot is growing online or via the app.

8 April 2026
Unprompted review
Penfold logo

Reply from Penfold

Hello Duncan,

Thank you for your kind feedback! We’re really pleased to hear you’ve found the process straightforward and transparent, and that keeping track of your pension has been easy to do.

Best,
Penfold

Rated 1 out of 5 stars
Penfold logo

Reply from Penfold

Hello Syed,

We’re really sorry to hear about your experience — this isn’t the level of service we aim to provide. We take feedback like this seriously and would really like the opportunity to understand what went wrong and put things right.

Our team has reached out to you directly, and we hope to be able to support you further and resolve this as quickly as possible.

Best,
Penfold

Rated 5 out of 5 stars

Great customer support to rectify…

Great customer support to rectify problem

28 March 2026
Unprompted review
Penfold logo

Reply from Penfold

Hello Trevor,

Thank you for your feedback! We’re really glad our team could help resolve the issue and support you along the way.

Best,
Penfold

Rated 5 out of 5 stars

Great response

Great response, help

24 March 2026
Unprompted review
Penfold logo

Reply from Penfold

Hello Jasna,

Thanks so much for your kind words! We’re really glad to hear you found the support helpful.

Best,
Penfold

Rated 5 out of 5 stars

They have been very useful for pension

They have been very useful for pension. I have used them for shortwhile but I beg my new employer to use them. This give you more flexibility to how much you like to sacrifice in salary.

23 April 2025
Penfold logo

Reply from Penfold

Hello Sanjeev,

Thank you for your thoughtful feedback! We’re really glad to hear you’ve found Penfold useful and that the flexibility has made a difference for you — it’s great to know you’d recommend us to your employer too.

Best,
Penfold

Rated 5 out of 5 stars

Great customer service

Great customer service, they can answer relevant questions very knowledgeable.

23 January 2026
Penfold logo

Reply from Penfold

Hello Zaleera,

Thanks so much for your lovely feedback! It’s great to hear our team was able to answer your questions clearly and support you along the way.

Best,
Penfold

The Trustpilot Experience

Anyone can write a Trustpilot review. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active.

Companies can ask for reviews via automatic invitations. Labeled Verified, they’re about genuine experiences.

Learn more about other kinds of reviews.

We use dedicated people and clever technology to safeguard our platform. Find out how we combat fake reviews.

Learn about Trustpilot’s review process.

Here are 8 tips for writing great reviews.

Verification can help ensure real people are writing the reviews you read on Trustpilot.

Offering incentives for reviews or asking for them selectively can bias the TrustScore, which goes against our guidelines.

Take a closer look