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Can I stay with Penfold after changing jobs?

Frankie Dewar avatar
Written by Frankie Dewar
Updated over a week ago

Yes! Your Penfold pension is yours to keep, no matter where you work next. It’s not tied to your employer, so when you leave your job, your pension stays put.

You can:

  • Keep your existing pot exactly as it is

  • Transfer old pensions and make top-ups whenever you like

  • Transfer in any future workplace pensions to keep everything in one place

A lot of people think they have to transfer their pension to their next workplace scheme. But in most cases, it makes more sense to keep Penfold as your lifelong pension – transferring past, and any future, pensions into your account. That way, you stay in control, avoid juggling multiple accounts, and benefit from Penfold’s tools, app, and investment plans.

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