We’ve partnered with HSBC and Vanguard, two of the world’s largest financial companies, who manage Penny’s pension plans.
Pension savings are invested in plans with the goal of growing over time.
When you move your old pensions into your Penny pension account, you can choose 1 of 3 plans. Each plan invests your pension savings into a fun.
Investments can go up as well as down. Capital at risk.
The Balanced Plan
Invests your savings in a range of global companies, bonds and cash.
RISK/REWARD profile: 4 / 7
The Ethical Plan
Invests your savings in companies that have made sustainability pledges.
RISK/REWARD profile: 5 / 7
The Cautious Plan
Invests your savings cautiously, to reduce risk and preserve money.
RISK/REWARD profile: 3 / 7
Change plan any time
Select the plan that's right for you, and change it at any time in the Penny app.