Starling Bank has introduced self-employed pensions solution Penfold to its Marketplace.

Penfold has been designed for freelancers, self-employed people and limited company directors, whose incomes can sometimes fluctuate widely from one month to the next, via an online portal.

The Marketplace is already home to 26 other product and service integrations and is used by one in three business customers.

Anne Boden, founder and chief executive of Starling Bank, said: “Our business customers work incredibly hard ensuring their companies thrive, but planning for retirement isn’t always factored in - the integration with Penfold will encourage them to invest and benefit from the government contributions and tax relief which can make savings go so much further.”

Once a customer opts to link Penfold with their bank account, they will be able to see the amount they have saved, their monthly contribution amount and any fluctuations in investments within their Starling app.

Chris Eastwood, co-founder of Penfold, added: "Previously pension providers hadn't progressed to accommodate the needs of the growing self-employed workforce - our new integration with Starling further highlights the need for simple to use, flexible pensions for the self-employed, that are centred around excellent customer service."

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