Penny Pension Reviews 659

TrustScore 4.5 out of 5

4.7

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Rated 5 out of 5 stars

I have worked in many places that I have forgotten or didn't even know I had left contributions, money that was probably lost. Penny is helpful and helped me realize how much money was lost, I was act... See more

Company replied

Rated 5 out of 5 stars

I’ve been using Penny to help track down my pensions, and overall it’s been a really positive experience. The platform is easy to navigate, and it simplifies what would otherwise be a pretty confusi... See more

Company replied

Rated 5 out of 5 stars

I’ve said for a long time that there should be a way of finding old and existing pensions based on your National Insurance number. Thanks to Penny, in a matter of days, I know all I need to know about... See more

Company replied

Rated 3 out of 5 stars

What they Don't Tell You is if you want to access your Pot at 55 in a lump sum it will take between 3 to 6 months for you to receive the Funds as apparently they're more setup for Saving for Retireme... See more

Company replied

Company details

  1. Pension office
  2. Non-bank financial service

About Penny Pension

Written by the company

Penny finds and transfers your old pensions


You probably have thousands of pounds in pensions. Find it all, and transfer it in to a simple pension account ⚡

Penny is authorised and regulated by the FCA (FRN: 921299). As with all pensions, it's important that you know that the value of your investment could go up as well as down. You could get back less than you put in. Capital at risk.


Contact info

4.7

Excellent

TrustScore 4.5 out of 5

659 reviews

5-star
4-star
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1-star

Replied to 50% of negative reviews

Typically replies within 1 month

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Rated 5 out of 5 stars

Very easy to use and they managed to…

Very easy to use and they managed to find my pensions pretty quick!

23 August 2024
Penny Pension logo

Reply from Penny Pension

Hi Big Dave,

Thanks for sharing your experience! We're delighted to hear you found the app easy to use and that we quickly found your pensions.

—Penny member support

Rated 5 out of 5 stars

Very impressed so far

Only been signed up a couple of days and found old pensions from places I worked over ten years ago. Really pleased with the service and the chat feature is great. Will be recommending to friends and family.

19 August 2024
Unprompted review
Penny Pension logo

Reply from Penny Pension

Hi Fraser,

Thanks for such great feedback! Awesome to hear our brilliant customer support team mentioned again. We hope you keep enjoying the Penny journey. 👌

Rated 1 out of 5 stars

Cannot withdraw MY money.

They found an old small pension, which can't be added to another as I do not have another, but cannot withdraw it for another 3 years.. this was not what I agreed to.

19 August 2024
Unprompted review
Penny Pension logo

Reply from Penny Pension

Good morning,

Our team replied to your complaint yesterday both via email and on livechat. We have not had a reply from you since.

Please get back to us to confirm you have understood.

We would like to make it clear the Penny Pension does allow people to withdraw their funds. You are under the normal minimum pension age of 55. The ability to withdraw before 55 is reserved for those who have ill-health or their policy contains a protected pension age benefit. This is enforced by UK law. Neither of these applied to your request. Your request was also for us to transfer your pension funds into an ISA. This is again something we cannot do as they are different financial products. Again, this is enforced by UK law. We'll work hard to support you with your pensions and hope you'll get in touch shortly.

Regards,
The Penny Team

Rated 5 out of 5 stars

So far so good 😊

So far so good , it’s been less than a week and they have done what they said started to find and transfer my pensions so all in one place.

14 August 2024
Unprompted review
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Reply from Penny Pension

Cheers for the 5 stars ✨

Great to have you as part of Penny

Rated 5 out of 5 stars

Very useful service

Very useful service! They have found my private pensions from old jobs within just a few days of me signing up. I have recommended to friends and family to use too!

15 August 2024
Penny Pension logo

Reply from Penny Pension

Hi Victoria,

Awesome to hear we found some pensions so quickly. 🔎

Thanks for recommending us 🙂

Rated 5 out of 5 stars

Easy to use and very helpful

Easy to use and very helpful. Pension was found within a few days. Definitely recommend.

15 August 2024
Penny Pension logo

Reply from Penny Pension

Cheers for the fab review! We're thrilled to hear you're finding our service easy and efficient. Thanks for the recommendation—you're a star! 🌟

Rated 5 out of 5 stars

Easy and simple to use!

The whole process of finding various pensions was made simple through Penny. Also found pensions I wasn’t aware of and the app is very easy to navigate. 5 stars!! 🌟

15 August 2024
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Reply from Penny Pension

Hi Steve,

Always brilliant to hear stories from people we've found pensions for that they had lost! 💸

Have a great week 😎

Rated 3 out of 5 stars

I have two pensions with nest and this…

I have two pensions with nest and this company can’t find them I think this is a rip off company another pension that I got them to look up was successful but I can’t find it anywhere on app it’s just disappeared so I’m now going to get the cab and Martin Lewis involved and hopefully not the police

14 August 2024
Unprompted review
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Reply from Penny Pension

Hi Derek,

We are very sorry to hear we haven't been able to find you NEST pension for you yet. I know we have contacted them and are awaiting a response still. Fingers crossed we get your policy info soon. 🤞

In regards to the other pensions you mentioned, I can see our customer service team have already reached out to you to explain the providers have told us they could not found a policy for you with them.

If there is anything we can do to turn this review into a 5 star review please do reach out to us on livechat in your app.

Again, sorry your Penny experience hasn't been perfect so far.

Thanks,
Team Penny

Rated 5 out of 5 stars

Great Service

Very helpful and friendly staff. They found pensions I had not been able to merge before. Great service..

13 August 2024
Unprompted review
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Reply from Penny Pension

Thanks so much! It’s music to our ears knowing everything’s running smoothly for you. Our wonderful customer service team are here if you ever need anything—cheers!

Rated 5 out of 5 stars

Great app finally able to get on top of…

Great app finally able to get on top of all my pension pots

13 August 2024
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Reply from Penny Pension

Good morning Thomas,

That's exactly what Penny is here for. Getting those pots organised and in one place. 🗄️ 📱

Great to hear you have found it helpful so far. 💪

Rated 5 out of 5 stars

Easy to deal with

Easy to deal with, very quick process. Will 100% recommend to others!

12 August 2024
Penny Pension logo

Reply from Penny Pension

Hey,

Thanks a ton for the kind words! We're chuffed that our app is making your financial life easier. Keep enjoying the simplicity—it's what we’re here for!

Caio,
Team Penny

Rated 5 out of 5 stars

Great service

Great service

12 August 2024
Penny Pension logo

Reply from Penny Pension

Hi Harry,

We’re so glad to hear our customer service team hit the mark. Here’s to more smooth experiences ahead!

Team Penny 😎

Rated 5 out of 5 stars

great company

great company helped me find all my what i needed

12 August 2024
Penny Pension logo

Reply from Penny Pension

Thanks a million for the glowing review!

Rated 5 out of 5 stars

My experience has been great

My experience has been great, the process is simple from a users point of view and then you’re informed with any updates on your account.

12 August 2024
Unprompted review
Penny Pension logo

Reply from Penny Pension

Hi Neil,

Thanks for leaving the review. We want to make pensions as simple as possible!

All the best,
Penny Team 👌

Rated 5 out of 5 stars

Brilliant app

Brilliant app, easy to use ! Highly recommend

9 August 2024
Unprompted review
Penny Pension logo

Reply from Penny Pension

Hi Peter,
We're so glad to hear that you're finding Penny easy to use and helpful!
Thanks for taking the time to leave a review 🙌

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