We're on a mission to help everyone in the UK have an epic retirement. An epic retirement requires an epic pension, so we’re building the world’s best pension account, designed around a beautiful, simple, enjoyable mobile app.

Now that we move jobs every few years, we need an account to hold, manage, and grow our various pensions. The Penny pension account is designed to give you confidence that your money is protected (by the Financial Services Compensation Scheme), expertly managed (by our partners at HSBC), and visible whenever you want, right on your phone.

Built with the best

Penny is powered by some of the best financial technology companies in the world, who support different areas of Penny's account infrastructure.

Whether you’re a 👨‍🍳, a 👷, or an 👩‍🚀, you’ve probably got lots of 💷 in a pension.

See it all,
in the Penny app 📲

Pensions are long term investments. Capital at risk.

SOME IMPORTANT THINGS YOU SHOULD KNOW

Pensions are long terms investments. It’s important that you know the value of your investment could go up as well as down. You could get back less than you put in. Past performance is not necessarily a guide to the future and pension investing is not intended to be a short-term option. Penny does not provide financial advice so please be sure that this investment is right for you.

Your current pension might have special benefits that will be lost if you transfer to Penny. These special benefits include: Guaranteed Annuity Rate (GAR), Guaranteed Bonus Rate (GBR), Guaranteed Minimum Pension (GMP) and Protected Tax Free Cash (PFTC) over 25%. If this is the case, we will not transfer your pension, as you may be better off not transferring in these cases.

Your current provider might charge you a transfer-fee to transfer your pension to Penny. If this is the case, we will not transfer your pension, as you may be better off not transferring in these cases.

You should consider the charges and benefits before transferring your old pensions to your new plan, and consider whether the risk and reward profile of the investments offered matches your needs.

If you are in any doubt about proceeding you should contact a financial adviser.

It may be that your current provider has lower fees than Penny - where this is the case, we recommend that you carefully consider whether to transfer your pension to Penny, as you may be better off not transferring in these cases.

As your investments will have to be sold before your pension can be transferred, you will not be invested in the market for a few weeks.

© 2023 Penny Technology Limited.


Penny is a trading name of Penny Technology Limited, which is authorised and regulated by the Financial Conduct Authority (ref: 931299), and registered in England and Wales (no: 11999643).
Penny automatically brings your pensions from old jobs together in an award-winning pension app.

Whether you’re a 👨‍🍳, a 👷, or an 👩‍🚀, you’ve probably got lots of 💷 in a pension.

See it all,
in the Penny app 📲

Pensions are long term investments. Capital at risk.

SOME IMPORTANT THINGS YOU SHOULD KNOW

Pensions are long terms investments. It’s important that you know the value of your investment could go up as well as down. You could get back less than you put in. Past performance is not necessarily a guide to the future and pension investing is not intended to be a short-term option. Penny does not provide financial advice so please be sure that this investment is right for you.

Your current pension might have special benefits that will be lost if you transfer to Penny. These special benefits include: Guaranteed Annuity Rate (GAR), Guaranteed Bonus Rate (GBR), Guaranteed Minimum Pension (GMP) and Protected Tax Free Cash (PFTC) over 25%. If this is the case, we will not transfer your pension, as you may be better off not transferring in these cases.

Your current provider might charge you a transfer-fee to transfer your pension to Penny. If this is the case, we will not transfer your pension, as you may be better off not transferring in these cases.

You should consider the charges and benefits before transferring your old pensions to your new plan, and consider whether the risk and reward profile of the investments offered matches your needs.

If you are in any doubt about proceeding you should contact a financial adviser.

It may be that your current provider has lower fees than Penny - where this is the case, we recommend that you carefully consider whether to transfer your pension to Penny, as you may be better off not transferring in these cases.

As your investments will have to be sold before your pension can be transferred, you will not be invested in the market for a few weeks.

© 2023 Penny Technology Limited.


Penny is a trading name of Penny Technology Limited, which is authorised and regulated by the Financial Conduct Authority (ref: 931299), and registered in England and Wales (no: 11999643).
Penny automatically brings your pensions from old jobs together in an award-winning pension app.

Whether you’re a 👨‍🍳, a 👷, or an 👩‍🚀, you’ve probably got lots of 💷 in a pension.

See it all,
in the Penny app 📲

Pensions are long term investments. Capital at risk.

SOME IMPORTANT THINGS YOU SHOULD KNOW

Pensions are long terms investments. It’s important that you know the value of your investment could go up as well as down. You could get back less than you put in. Past performance is not necessarily a guide to the future and pension investing is not intended to be a short-term option. Penny does not provide financial advice so please be sure that this investment is right for you.

Your current pension might have special benefits that will be lost if you transfer to Penny. These special benefits include: Guaranteed Annuity Rate (GAR), Guaranteed Bonus Rate (GBR), Guaranteed Minimum Pension (GMP) and Protected Tax Free Cash (PFTC) over 25%. If this is the case, we will not transfer your pension, as you may be better off not transferring in these cases.

Your current provider might charge you a transfer-fee to transfer your pension to Penny. If this is the case, we will not transfer your pension, as you may be better off not transferring in these cases.

You should consider the charges and benefits before transferring your old pensions to your new plan, and consider whether the risk and reward profile of the investments offered matches your needs.

If you are in any doubt about proceeding you should contact a financial adviser.

It may be that your current provider has lower fees than Penny - where this is the case, we recommend that you carefully consider whether to transfer your pension to Penny, as you may be better off not transferring in these cases.

As your investments will have to be sold before your pension can be transferred, you will not be invested in the market for a few weeks.

© 2023 Penny Technology Limited.


Penny is a trading name of Penny Technology Limited, which is authorised and regulated by the Financial Conduct Authority (ref: 931299), and registered in England and Wales (no: 11999643).
Penny automatically brings your pensions from old jobs together in an award-winning pension app.