Penfold Reviews 2,193

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

Created with AI, based on recent reviews

Considering 550 reviews, reviewers overwhelmingly had a great experience with this company, frequently praising the staff for their helpfulness and friendly demeanor. Customers consistently highlight the exceptional customer service, noting the team's professionalism, quick responses, and effective communication. The service provided is often described as excellent, with many appreciating the ease of managing their pensions and the smooth user experience, especially with the intuitive website and app. However, some customers also noted issues with the transfer process, experiencing delays and a lack of clear communication regarding requirements for non-UK based pensions. A few other people also felt that customer support could be challenging to reach, sometimes encountering difficulties getting past automated systems or receiving conflicting information.

What people talk about most

Staff

Consumers find staff to be positive, highlighting their professionalism, helpfulness, and personalized... See more

Customer service

Reviewers mention positive feedback about customer service, with many praising the helpfulness, efficiency,... See more

Service

Reviewers highlight positive aspects of service, with many praising the professional, personalized, and human... See more

User experience

Customers consistently note positive experiences with user experience, praising the app as easy to use,... See more

Response time

Customers had positive experiences with response times, with many reviewers highlighting the quick and... See more

Reviews shaping this summary

Rated 5 out of 5 stars

Since joining they have been helpful and given advice. I have asked them to find my pensions which hasn't worked out very well. However that I think is the holder of the pensions making life difficult... 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

Great fast reply every time I ask a question. Their AI is great for answering top level questions and then passes over to support team when appropriate - where I always get friendky and fast resp... See more

Company replied

Rated 5 out of 5 stars

Penfold made it easy for me to receive my pension. they have very strict protocol regarding I'd/ documents ect which is a good thing they were alwsys polite and helpful. I would especially heap.prsis... 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

Asks customers to review

This company invites their customers to review, whether positive or negative

Replied to 88% 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 1 out of 5 stars

THE company use deception and…

THE company use deception and conmanship advertising fake service and then take customers money without providing services to people and claim no refunds

October 3, 2025
Penfold logo

Reply from Penfold

Hello Anthony,

We’re very sorry to read this and take feedback like this extremely seriously. This is not the experience we aim to provide.

We’d really like to understand what’s happened and help resolve this for you - a member of our team will be reaching out to you directly.

Best,
Penfold

Rated 5 out of 5 stars

Penfold pensions are a great company to…

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 and extremely quick.
I don’t want to give any single person a special mention as the whole team are brilliant.
Keep up the good work

March 25, 2026
Unprompted review
Penfold logo

Reply from Penfold

Hello Mark,

Thank you so much for your thoughtful feedback! We’re delighted to hear you’ve had such a positive experience across the team, and that your withdrawal process was smooth and quick. We really appreciate your support.

Best,
Penfold

Rated 5 out of 5 stars

Always helpful staff

Always helpful staff

March 18, 2026
Penfold logo

Reply from Penfold

Hello Abdul,

Thank you! We’re really pleased to hear you’ve found our team consistently helpful.

Best,
Penfold

Rated 1 out of 5 stars

Very poor would go with them if I had…

Very poor would go with them if I had hindsight

April 1, 2026
Penfold logo

Reply from Penfold

Hello,

We’re sorry to hear about your experience. We know delays can be frustrating, and we appreciate your patience while this was being resolved. If there’s anything further we can help with, please don’t hesitate to get in touch.

Best,
Penfold

Rated 5 out of 5 stars

So easy to control my pension

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 controlling it is easy. Apart from this period of uncertainty when my fund has dropped over 5% I am confident over time this will be clawed back.

April 1, 2026
Penfold logo

Reply from Penfold

Hello Philip,

Thanks so much for sharing your experience! We’re really glad to hear you’re finding it easy to manage your pension and benefiting from lower fees. Market ups and downs can happen, but it’s great to hear you’re taking a long-term view.

Best,
Penfold

Rated 5 out of 5 stars

support have always helped me with any…

support have always helped me with any issues or document requests

March 31, 2026
Unprompted review
Penfold logo

Reply from Penfold

Hello Ryan,

Thank you for your kind words! We’re glad our support team has been able to help whenever needed.

Best,
Penfold

Rated 1 out of 5 stars

Their website for some reason walks you…

Their website for some reason walks you through on setup to change your pension contributions, even though everything was set up correctly. Then worse still, what you enter in the form can be ignored and after you click submit, it then changes the amount that you will contribute.
Trying to raise this with them is a nightmare, as they say they will "get back to you in 1 day".

I don't really have any trust they will get my pension right now.

March 30, 2026
Unprompted review
Penfold logo

Reply from Penfold

Hello Mike,

Thank you for your feedback, and we’re sorry to hear about your experience. We also apologise for the delay in getting back to you - we’ve been handling a higher volume of queries due to the tax year end.

We understand how important it is that everything works as expected, and our team will follow up with you directly to ensure this is fully resolved.

Best,
Penfold

Rated 5 out of 5 stars

I have money in penfold and I don't…

I have money in penfold and I don't know how much is in penfold and I am not working at the moment

March 14, 2026
Penfold logo

Reply from Penfold

Hello Simon,

Thank you for your review! We’re glad you’re saving with Penfold.

Our team has reached out to help you check your balance, but if you need anything else in the meantime, we’re always here to help.

Best,
Penfold

Rated 5 out of 5 stars

Super friendly staff.

Super friendly staff.

March 27, 2026
Penfold logo

Reply from Penfold

Hello Avneet,

Thanks so much! We’re really pleased to hear you’ve found our team friendly and helpful.

Best,
Penfold

Rated 5 out of 5 stars

rapid response

March 27, 2026
Unprompted review
Penfold logo

Reply from Penfold

Hello Mariana,

Thank you for your review! We’re glad our quick responses have made a positive impression.

Best,
Penfold

Rated 5 out of 5 stars

It is greatest

It is greatest

March 26, 2026
Penfold logo

Reply from Penfold

Hello,

Thank you for your review! We’re glad to hear you’ve had a great experience with us.

Best,
Penfold

Rated 5 out of 5 stars

Gertrud from penfold is so professional…

Gertrud from penfold is so professional and helpful, really went above and beyond to ensure my query was resolved and communicated effectively. She deserves a pay rise

March 17, 2026
Unprompted review
Penfold logo

Reply from Penfold

Hello Temi,

Thank you for your kind words! We’re thrilled to hear Gertrud went above and beyond - we’ll be sure to pass on your feedback.

Best,
Penfold

Rated 5 out of 5 stars

Upload of Report

Tashna quickly come back to me with all the information I needed to upload the file.

March 19, 2026
Unprompted review
Penfold logo

Reply from Penfold

Hello Linda,

Thanks for your review! We’re glad Tashna could get you the information you needed quickly.

Best,
Penfold

Rated 5 out of 5 stars

Outstanding Customer Support / Service

Had a problem due to a 3rd party issue so I eventually called Penfold support seeking help. The first person I spoke to, Anelle, was absolutely brilliant.

This took some while to resolve but Anelle remained with me through the entire process; she was proactive, professional and honestly provided some of the best customer service I have ever received.

If Penfold invest my money as well as they provide customer support, I'll probably have a very happy retirement.

March 6, 2026
Unprompted review
Penfold logo

Reply from Penfold

Hello Mr. E

Thank you for sharing your experience! We’re so pleased Anelle was able to support you throughout and provide such high-quality service - we’ll make sure she sees your kind words.

Best,
Penfold

Rated 5 out of 5 stars

The service I received was excellent…

The service I received was excellent from start to finish. Everything was explained in a clear and simple way, and I felt supported throughout the whole process. Thank you especially to Anelle for being so helpful and patient!

March 20, 2026
Unprompted review
Penfold logo

Reply from Penfold

Hello Phaewphan,

Thank you for such lovely feedback! We’re especially happy to hear Anelle made the process clear and supportive - we’ll pass this on to her.

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