Penfold Guidance is designed to make your pension easier to understand and give you a clearer picture of where you stand.
Through the Penfold app, you can access tools including personalised retirement forecasts and educational content. These can help you understand what your pension could provide in retirement and the effect different actions could have.
Guidance can also help you understand areas such as:
your pension contributions
salary sacrifice
tax relief and pension tax top-ups
employer contribution matching
bringing old pensions together
your retirement goals and forecast
The aim is to give you useful information and help you understand your options, rather than simply showing you a pension balance.