Penny Pension Reviews 

671
TrustScore 4.5 out of 5

4.7

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Rated 5 out of 5 stars

Super easy experience. Already found pensions i forgotten i had. Highly recommend if you want a streamlined way of transferring all of your pensions into one place.

Rated 5 out of 5 stars

Penny Pension was very easy to navigate and found my pensions quickly and easily without any effort on my behalf. It's a relief to have all of my pensions pots in one place that is easily accessible.... See more

Company replied

Rated 5 out of 5 stars

james helped me resolve a logging in problem, my mobile wouldn"t link too my acc. for log in txts,, and James was there 1st hand too help me,, my enquiry was dealt with within 12 hrs of sending my ema... See more

Rated 5 out of 5 stars

I’ve been using Penny to help track down my pensions, and overall it’s been a really positive experience. The platform is easy to navigate, and it simplifies what would otherwise be a pretty confusi... See more

Company replied

Company details

  1. Pension Office
  2. Non-Bank Financial Service

About Penny Pension

Written by the company

Penny finds and transfers your old pensions


You probably have thousands of pounds in pensions. Find it all, and transfer it in to a simple pension account ⚡

Penny is authorised and regulated by the FCA (FRN: 921299). As with all pensions, it's important that you know that the value of your investment could go up as well as down. You could get back less than you put in. Capital at risk.


Contact info

4.7

Excellent

TrustScore 4.5 out of 5

671 reviews

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Asks customers to review

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

Replied to 25% of negative reviews

Typically replies within 1 month

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4.7

All reviews

(671)

46 reviews in the last 12 months

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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

Perfect stress free guidance

Perfect stress free guidance

September 7, 2025
Unprompted review
Penny Pension logo

Reply from Penny Pension

Hi Neil,

Thank you for the top review.

I would like to clarify at Penny we never offer any financial advice or guidance but our support team will always help out with any account queries. 🙂

Enjoy the rest of the week Neil!

Rated 5 out of 5 stars

Great app

Great app, service is really clean and simple, support team friendly and helpful. Couldn’t ask for more

September 8, 2025
Unprompted review
Penny Pension logo

Reply from Penny Pension

Hi J,

Thanks for the 5 stars 🤩

Have a great week.

Team Penny

Rated 1 out of 5 stars

Usless

App is useless it makes you add 5 pensions and wouldn't let me move on so I just added any pension then it says "transfers" and wouldn't let me move on again so deleted useless app. DON'T BOTHER.

August 16, 2025
Unprompted review
Penny Pension logo

Reply from Penny Pension

Hello there,

This does not sound like the correct user journey and it may be the case that your app was subject to a temporary bug. You should never get stuck on any step during the onboarding process.

Please drop us an email at support@pennypension.com and we will get one of the technical team to review your account and get any issues fixed.

Apologies that using the app did not go as hoped. 😔

Many thanks,
The Penny team

Rated 5 out of 5 stars

SIPP and Services

PENNY PENSION!!
I so HAPPY in my DECISION to CONSOLIDATE my PENSIONS into SIPP. The customer service VERY RESPONSIVE and ACCOMMODATING.

August 7, 2025
Unprompted review
Penny Pension logo

Reply from Penny Pension

Wow what a glowing review!!

We are so happy you have been able to successfully consolidate your pensions with us. We'll make sure to share the feedback with the customer service team. 👌

All the best,
Team Penny

Rated 5 out of 5 stars

To cancel a pension

Very quick to sort out what i wanted to know

June 29, 2025
Unprompted review
Penny Pension logo

Reply from Penny Pension

Thanks for the review Andy, appreciate the 5 stars 🫡

Rated 3 out of 5 stars

WHAT THEY DONT TELL YOU

What they Don't Tell You is if you want to access your Pot at 55 in a lump sum it will take between 3 to 6 months for you to receive the Funds as apparently they're more setup for Saving for Retirement.
I've only a Small Pot but this is Ridiculous & if I'd been aware at the beginning would have used another search provider.

June 27, 2025
Unprompted review
Penny Pension logo

Reply from Penny Pension

Hi Duncan,

Thanks for sharing this feedback. The Penny app is geared towards the consolidating and growing of your pension pot. This has meant the withdrawal aspect of our service hasn't has been as quick or user friendly as other parts if managing your Penny Pension.

You can always transfer out from Penny anytime for free where you may have a better experience in this part of your pension journey. We have a tab in the app that provides you with all the info and instructions on getting this setup.

We are actively working on providing an improved withdrawal system to help our users make more informed decisions and improved outcomes for all.

Kind regards,
Team Penny

Rated 5 out of 5 stars

Very easy to use and quick response…

Very easy to use and quick response time.

June 25, 2025
Unprompted review
Penny Pension logo

Reply from Penny Pension

Hi Vince, 👋

Thanks for the 5 star and shout out to our customer support team. 🙌

Cheers,
Team Penny 🙂

Rated 5 out of 5 stars

After a long journey trying to sort a…

After a long journey trying to sort a transfer out from Penny Pension the gentleman James who dealt with my case managed to get it all sorted out. Very professional and got to the bottom of the matter could definitely recommend!!

June 25, 2025
Unprompted review
Rated 5 out of 5 stars

Happy Customer

So far I had an excellent experience with Penny Pension, they look after every matter and help you a lot with all these complicated stuff! Thanks!

June 13, 2025
Unprompted review
Penny Pension logo

Reply from Penny Pension

Thank you very much Stefano!

Have an awesome week ✌️

Rated 5 out of 5 stars

Penny Pensions an excellent choice.

Penny turned out to be an excellent choice when looking for a fund to accommodate my various pensions.
The process is really straightforward and Penny chased any delayed transfers.
The team there are very proficient and communication is fast.
Thanks to Penny I accrued a worthwhile fund.

May 30, 2025
Unprompted review
Penny Pension logo

Reply from Penny Pension

Hi Neil,

Sorry for the slow response getting back to you on this review, lots of transfers need chasing!

Thanks ever so much for this great feedback. We're pleased you were able to use Penny to consolidate your pots and now can see your fund growing nicely to plan for future retirement. 😎

All the best,
Team Penny

Rated 5 out of 5 stars

User friendly

I only downloaded the app about a week ago but already they've located 3 of my pensions. Communication/prompts on the app are very user friendly and understandable. For someone with little pension knowledge it's been a huge help.

Used the live chat today and the responses were clear and prompt.

May 29, 2025
Unprompted review
Penny Pension logo

Reply from Penny Pension

Hi Kelly,

Thanks for this lovely review. 😊

In the complicated and messy world of pensions, simplicity is key. 🔑

We hope you keep enjoying the app!

Rated 4 out of 5 stars

Recently moved across to Penny

Recently moved across to Penny from Pension Bee. Everything has been quite quick so far. More being built into the app will help greatly.

May 24, 2025
Penny Pension logo

Reply from Penny Pension

Good afternoon Warren,

Thank you for making the switch!

Yep, watch this space. Plenty of more features coming to the app this year. 🚀

Rated 5 out of 5 stars

Using penny has given me peace of mind.

Using penny has given me complete peace of mind, locating pensions id forgotten about, placing them all into one place.
Everything about this app is professional and easy to use. I highly recommend

May 23, 2025
Penny Pension logo

Reply from Penny Pension

That's exactly what we aim for here at Penny!

Peace of mind through finding and consolidating your pensions. 🧘🏾‍♂️

We hope you can grow your funds and plan for retirement with ease through us.

Rated 5 out of 5 stars

Penny has been great in finding my…

Penny has been great in finding my pensions so far. It’s good to see what I have so far in my pension pot.

May 23, 2025
Penny Pension logo

Reply from Penny Pension

Hey Elle,

Wonderful to hear we've been able to help track those pensions down 🔎

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