If you've missed the opt-out window, you can still stop contributing to your Penfold pension. You'll just need to arrange this directly with your employer.
However, some employers handle the process of stopping pension contributions slightly differently, so the exact steps may vary.
Deel and JMK Employees, if you have exceeded the one-month opt-out window, please reach out to our support team via chat on your dashboard or email us at hello@getpenfold.com.
When you stop making further contributions, any funds already in your Penfold pot will stay invested for your future. Because the opt-out window has passed, we're not able to refund contributions that have already been made.
If you prefer, you can leave your Penfold pension where it is until retirement, or transfer it to another provider whenever you choose.