Pensions By Penfold vs Total Comp UK

Feel empowered by your pension with Penfold’s intuitive interface, powerful tools and friendly customer service. We make pensions easy so you can have confidence about life after work. Capital at risk. Get started in under 5 minutes • Create an account with an email and password • Enter some details like your name and address • Transfer an old pension or pay in some cash • All done! Complete access to a modern pension Transfer your pensions for free • Combine old workplace and private pensions • Enter a few details about your old pension in-app • Our transfer specialists do the paperwork for you • Get transfer progress updates on your dashboard It's important to compare providers’ fees and any guaranteed benefits when deciding on whether to transfer, and be sure that the investments available are suitable for you. If your employer is paying into your pension currently, transferring that pot may mean you lose out on their contribution. Track down lost pensions • Use our in-app Find My Pension tool • Simply enter your previous employer’s name • We’ll tell you the provider and contact details Completely flexible pension contributions • No minimum monthly contribution amount • Set up recurring or make one-off payments • Easily top-up, adjust and stop your contributions • Receive a 25% tax relief top-up automatically Switch pension investment fund any time • Lifetime: Automatically adjusts risk level over time • Standard: Choose your preferred risk level • Sustainable: Invest in high ESG rated companies • Sharia: Investments approved by a Sharia board Low pension fees and no hidden charges • An annual fee of 0.4% to 0.88% depending on your investment fund and account balance • No charges for anything else including exits, transfers and drawdown Friendly, expert pension service • Our UK-based team are on hand to support you • Ask questions via in-app chat, email, or phone • No waiting lines, call centres or jargon! Securing your pension savings • Investments are managed by the largest money managers in the world - BlackRock and HSBC • We safeguard your data with the most up-to-date security technology and strictly comply with GDPR Penfold are part of the Financial Services Compensation Scheme (FSCS) as well as being authorised and regulated by the Financial Conduct Authority (FCA).

Description Total Comp UK works out exactly what you take home — and shows the traps that quietly cost high earners thousands. Enter your salary and it calculates PAYE income tax, National Insurance, student loan repayments and pension contributions for England/Wales/NI and Scotland, across the current and upcoming tax years. Add bonus, RSUs, share options, benefits-in-kind and one-off payments to see your whole package, not just your base pay. Built for UK high earners • See exactly where the Personal Allowance taper, the £100k childcare/30-hours cliff, the High Income Child Benefit Charge and the pension Annual Allowance taper bite - and what each one costs you in £. • Tap any result for a full band-by-band breakdown, so you're never left guessing why your tax bill is what it is. • Model pension contributions (salary sacrifice or net pay) and see how much of your marginal rate they claw back. Plan a whole package, not just a salary • Build multi-year timelines for base salary, bonus, RSU vesting and option exercises, month by month. • Compare two or three saved packages side by side - total net pay, effective tax rate, and how much of your comp is "at risk" in bonus and equity. • Use the optimiser to find the pension contribution that brings you back under £100k, or model sacrificing bonus into pension. Save and sync • Save named packages ("Offer A", "Current job") and pick up right where you left off across your devices via iCloud. Every figure is clearly labelled as an estimate, not tax advice - for anything that matters, speak to an accountant. Total Comp UK is supported by a small banner ad; a one-off "Remove ads" purchase is available if you'd rather not see it.