Penfold is regulated by the Financial Conduct Authority (FCA) this means that everything we do is subject to a wide range of controls and procedures that are approved by the UK's financial regulator to keep your pension safe and secure.
Penfold brings together two other FCA authorised firms who handle each investment transaction and the administration of the pension scheme itself. In the unlikely event that Penfold ceased to exist, these two firms would continue to keep your money safe.
Penfold does not manage money. When you add money into your Penfold pension it is invested in a special plan provided by BlackRock, the world’s largest investment manager, who would continue to invest your pension if we ceased to exist.
Additionally, your pension is protected by the Financial Services Compensation Scheme (FSCS) should the investment manager fail, where the government protects up to £85,000 of your money (just like every other bank).