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Why do I only have “employer contributions”?
Why do I only have “employer contributions”?

Here's why you can't see any personal contributions into your Penfold pension.

Rachel Norris avatar
Written by Rachel Norris
Updated over a week ago

Only seeing contributions from your employer when you check in on your Penfold pension? Don't worry.

This means you've opted-in to pay your pension contributions via salary sacrifice.

Rather than seeing you and your employer's contributions as separate transactions, both contributions will be combined as one “Employer Contribution”.

You're still adding money yourself, but it's being taken out of your salary pre-tax to help reduce your National Insurance.

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