Penfold seeks to simplify pension administration with new platform


Digital pensions provider Penfold has announced the launch of Penfold Platform, specifically designed to cater to the needs of accountants.

This strategic move aims to better serve this crucial user group and revolutionize their working lives.

The Penfold Platform introduces a significant reduction in the time required for pension processing, offering a streamlined and hassle-free experience for accountants. By leveraging cutting-edge technology, Penfold aims to simplify and modernize the entire pension administration process, departing from the archaic and inefficient practices prevalent in the industry.

Unlike traditional pension providers, the Penfold Platform stands out by providing an intuitive and user-friendly interface. This innovative approach liberates accountants from the burden of outdated technology and subpar customer support, enabling them to focus on more strategic aspects of their work.

The platform’s key features include “drag and drop” bulk uploading and smart processing across various file types, eliminating the need for accountants to download, reformat, upload, and sort individual files for each client. This time-saving functionality reduces stress and hassle, allowing accountants to concentrate on more critical tasks and gain a broader perspective.

To ensure a seamless experience, the Penfold Platform offers dedicated account managers who promptly address any issues faced by accountants and their clients. This commitment to exceptional customer support sets a new industry benchmark and reinforces Penfold’s vision of transforming the management of pension contributions.

Pete Hykin, co-founder of Penfold, expressed his enthusiasm for the platform’s launch, stating, “Today’s launch of the Penfold Platform signals a new era of simplified and efficient pension management. Our aim is to redefine the pensions landscape by providing accountants with an exceptional, time-saving solution that is free of charge.”

As Penfold continues to evolve and enhance the platform, the focus remains on delivering an intuitive and cost-effective solution that empowers accountants to maximize their time and resources. Building on their success in the direct-to-consumer and workplace pensions market, Penfold is committed to offering accountants an unparalleled, modern, and intuitive service for seamless management of their clients’ pension contributions while delivering unrivaled value to their employer clients and employees.

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