Penny Pension 9.6.0

As a comprehensive solution for managing pensions accumulated from previous employment, this application offers a streamlined approach backed by industry recognition.

SIMPLE & EASY

• Allows users to consolidate old pension schemes efficiently
• Provides access to highly secure pension management measures
• Features an intuitive mobile platform that has received multiple awards for user-friendliness
• Includes live support through a responsive customer service team via chat

HOW IT WORKS

1. Download the Penny app
2. Input existing pension details and account information
3. The app identifies and verifies your pension schemes automatically
4. Penny facilitates transfer of pensions into a new personal pension account
5. Users can view and administer their pensions at any time through the app

TRANSPARENT FEES

• A fixed annual fee of 0.58% is applied by Penny
• Additional fund fees vary between 0.17% and 0.24%, depending on the selected investment fund
• No charges are applied for pension transfers, contributions, or fund switches

SECURE & TRUSTED

• Funds are managed within HSBC-managed investment platforms
• Pension assets are protected up to £85,000 under FSCS provisions
• The platform operates under FCA regulation (FRN: 931299)
• Personal data security is ensured through 256-bit encryption standards
• Acknowledged with a 4.8-star rating on Trustpilot, indicating high customer satisfaction
• Customer support is available via live chat from 9am to 5pm daily

IMPORTANT INFORMATION

Penny’s services are authorized and regulated by the Financial Conduct Authority. Pensions are investments subject to market risks. As with all investments, the value of your Penny Pension can fluctuate, and it is possible to receive less than the amount invested. Capital is at risk.