Rogue to trick Penny (5)
I believe the answer is:
scamp
'rogue' is the definition.
(I've seen this before)
'trick penny' is the wordplay.
'trick' becomes 'scam' (I've seen this in another clue).
'penny' becomes 'p' (short for pence).
'scam'+'p'='SCAMP'
'to' is the link.
(Other definitions for scamp that I've seen before include "pickle" , "Troublemaker" , "little monkey" , "Rogue - perform inadequately" , "Scallywag" .)