Penfold hits £200m assets under administration

Digital pensions provider has doubled its assets in eight months

Jasmine Urquhart
clock • 1 min read
Penfold hits £200m assets under administration

Penfold Pensions has announced it has surpassed £200m assets under administration (AuA) this month.

The digital pensions provider, founded in 2018, announced it had doubled its AuA in eight months, having reached £100m in July last year and £76m just under a year ago. It also announced the num...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Admin / Technology

PCS union members working at MyCSP to vote on strike action

PCS union members working at MyCSP to vote on strike action

Workers for pensions admin firm MyCSP to participate in ballot ahead of planned takeover

Jasmine Urquhart
clock 23 May 2025 • 1 min read
Railpen sells TPA business to Broadstone

Railpen sells TPA business to Broadstone

Sale of business which looks after 20 pension schemes will involve employee transfer

Jasmine Urquhart
clock 23 May 2025 • 1 min read
PASA publishes identity management and assurance guidance

PASA publishes identity management and assurance guidance

Guidance aims to bolster member protections and prevent identity-related fraud

Martin Richmond
clock 22 May 2025 • 1 min read
Trustpilot