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
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The Ministry, 79-81 Borough Rd, SE1 1DN, London, United Kingdom
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I've had great service and communication from Penfold but unfortunately they have fallen at the last hurdle. I want my pension paid into my WISE bank account, which has a UK address, bank account number and sort code but they won't pay into a WISE bank account???
So unfortunately all the good work in the past has been for nothing. So at the moment l'm in the process of arranging a transfer to another pension company who will happily pay my pension into my WISE account.

Reply from Penfold
Humayan resolved my file upload issue quickly and efficiently

Reply from Penfold
Quick transfer of my older pension into Penfold. Easy to use

Reply from Penfold
I was with Penfold for over a year, the website application is fairly intuitive but eventually decided to transfer out.
The transfer experience was very bad. I made my transfer out application in late October 2025 and it didn't complete until late February 2026. After hearing nothing for over a month, I contacted them in early-mid December to ask on the status. They told me they required me to fill out an additional form because I was transferring to AJ Bell Dodl who apparently needed further checks because they weren't someone they transferred to frequently. I was pretty surprised considering how big AJ Bell are. The delay wasn't on AJ Bell Dodl's side.
So instead of proactively asking me to fill out the forms, I had to chase up on them myself which was disappointing. After filling out additional forms, they went silent again and I had to chase up several more times just to get the transfer out completed.
4 months to transfer out a pension is crazy considering it wasn't in-specie and simply required them to sell funds on their side and transfer cash across.
Very easy to deal with and helped bring multiple pensions into one pot. Their investments are doing well and performing. Most things can be done via the app such as increase my workplace contributions.

Reply from Penfold
Nice and simple App and helpful staff who actually respond quickly to emails and even pick up the phone, which is a rarity nowadays!

Reply from Penfold
Quick, helpful response from the team even when my Account Manager was on annual leave

Reply from Penfold
Tashna from Penfold was great, gave very clear responses which were also very quick to come through.

Reply from Penfold
Very quick and easy would definitely recomment

Reply from Penfold
Transfer of old pension - seamless and so quick. Very very impressed.

Reply from Penfold
They do get a reasonable rate of return, would like more choice in investment strategy.

Reply from Penfold
My request was resolved quickly and easily. Gertrud was helpful and communicated clearly.

Reply from Penfold

Reply from Penfold
Easy to join up and access information. I get regular updates of payments and top ups. Really satisfied with Penfold.

Reply from Penfold
Natasha has been excellent all through my experience I can't compliment her enough.prompt replies definitely five stars.

Reply from Penfold
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