We put
you first

Whether you’re just getting started or planning your retirement, the Penny team is here to guide you with clear answers and real support.

Joyful businesswoman celebrating at a desk with arms raised, sitting back in a modern office chair.
Joyful businesswoman celebrating at a desk with arms raised, sitting back in a modern office chair.

Already a Penny customer?

Got a question about your pension plan, contributions, or retirement options? We're here to help

New to Penny?

Thinking about your financial future? We’re here.
So if you’d like to explore what Penny could offer, we're here. But no pressure — just chat to a real person (whenever you're ready).

FAQ

What is Penny?

Penny is a 100% online platform that connects you with the pension products and financial advice you need. Through our simple online process, you can apply for, view, and manage your pension — straight from your phone, whenever it suits you.

How do I get started with Penny?

How long does it take to complete?

What documents are necessary?

Is Penny secure?

What is Penny?

Penny is a 100% online platform that connects you with the pension products and financial advice you need. Through our simple online process, you can apply for, view, and manage your pension — straight from your phone, whenever it suits you.

How do I get started with Penny?

How long does it take to complete?

What documents are necessary?

Is Penny secure?

Auto-Enrolment

Auto-Enrolment is Coming to Irish Workplaces.
Here’s What You Need to Know.

Ireland is finally rolling out its long-anticipated auto-enrolment pension system, aimed at increasing retirement savings among workers who don’t currently contribute to a pension. For business owners, this marks a significant shift in payroll responsibilities and long-term planning.

The Basics
— 3 Key Facts for Employers:


  1. It’s Mandatory.
    Starting in Jan 1st 2026, all eligible employees aged 23 to 60, earning over €20,000 per year, and not already in a qualifying pension will be automatically enrolled in a new national pension scheme.

  2. You Have to Contribute.
    Employers will be required to match employee contributions — beginning at 1.5% of salary, rising to 6% over the next decade. The State will also top up employee contributions at a rate of 33% (i.e. €1 for every €3 the employee contributes).

  3. You Can’t Opt Out.
    While employees will have the option to pause or opt out after six months, employers must participate and cannot opt out of the system.

What Business Owners Can Do Now — 5 Actionable Options:

Assess Your Current Pension Offering.

If you already offer a pension plan, check whether it meets the criteria to exempt you from the auto-enrolment scheme. Qualifying schemes must meet minimum contribution and governance standards.

Use the Penny Pension Assessment Service.

Plan for Future Payroll Costs.

Talk to Your Payroll and HR Teams.

Consider Going Above the Minimum.

Assess Your Current Pension Offering.

If you already offer a pension plan, check whether it meets the criteria to exempt you from the auto-enrolment scheme. Qualifying schemes must meet minimum contribution and governance standards.

Use the Penny Pension Assessment Service.

Plan for Future Payroll Costs.

Talk to Your Payroll and HR Teams.

Consider Going Above the Minimum.

Penny Life trading as This is Penny is regulated by the Central Bank of Ireland

© 2025, Penny Life. All Rights Reserved.

Penny Life trading as This is Penny is regulated by the Central Bank of Ireland

© 2025, Penny Life. All Rights Reserved.

Penny Life trading as This is Penny is regulated by the Central Bank of Ireland

© 2025, Penny Life. All Rights Reserved.