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Chris Eastwood
How To Manage Your Pension In A Cost Of Living Crisis
Meet Chris Eastwood. As the Co-Founder & Co-CEO of Penfold, he discusses how to create pension schemes your employees will actually love, retain the best talent, and support your team’s financial well-being.
Highlights
- Co-founder and Co-CEO of Penfold, Series A digital pensions disrupter helping UK businesses secure their team’s financial future
- Started his career at Deloitte, later joined Man Group where he focused on M&A
- Raised over £15M from angel investors and VCs
- Penfold has over £150M in pension assets, for +200 UK businesses and has 70,000 users
- Never afraid of a challenge - once cycled from London to Rome
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Chris Eastwood has been featured in 5 media outlets.
Who is Chris?
Chris Eastwood is the Co-Founder and Co-CEO of Penfold, a technology-based pension platform that helps UK companies secure their team’s financial future.
Chris started his career at Deloitte, where he qualified as an accountant before moving into an M&A advisory role, working with private equity firms and large financial institutions to buy or sell companies in the business and financial services sector.
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He later joined Man Group plc, the FTSE 250 alternative asset management business, where he was a Senior Manager in their Corporate Development team, responsible for finding and acquiring other asset management businesses, as well as taking the lead on corporate financial planning and other strategic projects for the Board.
A self-confessed maths geek, Chris was extolling the benefits of pensions and compound interest from an early age. He became frustrated with the lack of visibility and transparency he encountered from traditional providers and knew that a superior customer experience was urgently needed to engage savers with pension savings.
He left Man to start Penfold, with Co-Founders Pete and Stuart. Chris is responsible for Product and Marketing, both in terms of the customer experience and the underlying structure of the pension itself, as well as Penfold’s Investors and the public profile of the business.
In his spare time, he loves to travel, walk in the Lake District, play guitar (badly), or pretend to know about rugby.
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What Your Audience Could Learn
From Frustration To Innovation: Chris' Journey To Revolutionize Pensions In The UK
Chris Eastwood, Co-Founder of Penfold, has a background in finance and corporate development. He studied maths at university and later qualified as an accountant at Deloitte before moving to Man Group plc as a Senior Manager. Frustrated by the old-school and rigid pension industry, Chris left to start Penfold, motivated to improve the experience for both employers and employees.Chris Eastwood, Co-Founder of Penfold, has a background in finance and corporate development. He studied maths at university and later qualified as an accountant at Deloitte before moving to Man Group plc as a Senior Manager. Frustrated by the old-school and rigid pension industry, Chris left to start Penfold, motivated to improve the experience for both employers and employees.
On your podcast, Chris can share his journey and insights on innovation, how he raised over £15M, and built a team of 60 full-timers. Specifically, he’ll expand on why the pensions industry in the UK is broken and how he’s fixing it despite massive challenges, such as rigid regulations and an overall bad reputation. Lastly, he can talk about the opportunities of building a fintech startup, the importance of a customer-centric approach, and how to effectively build a team.
How To Create A Pension Scheme Your Employees Will Love
The pension industry in the UK is broken, with 79% of Brits not on track for a comfortable retirement. Outdated technology and jargon-filled communication used by the industry have disengaged savers, with many employees not understanding the value a pension can and should deliver to them in the long term.The pension industry in the UK is broken, with 79% of Brits not on track for a comfortable retirement. Outdated technology and jargon-filled communication used by the industry have disengaged savers, with many employees not understanding the value a pension can and should deliver to them in the long term.
In this episode, Chris will share his take on how the pensions industry should evolve and explains the opportunity your pension scheme offers as a means of engaging and retaining your top talent. He will talk about how as a business, you should be caring about the experience your pension provider delivers to your employees, not just returns. He will discuss a new approach that shifts the perceptions of pensions as an irritating line in your payslip to a demonstration of your employer’s commitment to your financial well-being.
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