Pension Reviews and their reputation
Pension reviews have a terrible reputation right now. You may have been bombarded by dozens of cold-callers offering a free pension review. And you’re right to be sceptical. Many people have been mis-sold pensions via this tactic. So many, that the Financial Conduct Authority (FCA) is reviewing how to apply for compensation if you think you did receive bad advice.
But, ironically, this has increased the need for pension review services. More people than ever before are in need of legitimate, impartial pension guidance. So how can you ensure you’re getting the best advice?
There’s Pension Wise, which is a UK government-backed service to talk people through their pension options. So you can trust you’re getting impartial guidance from them.
But, they can only give guidance. They can’t comment on your current pension or recommend another pension.
A Profile Pensions Review
Firstly, we are fully transparent and always strive to put our customers first. Just take a look at some of our third party customer reviews. Not everyone in the industry shares these types of reviews or has a rating like ours.
But there’s a third reason. When our founders set up Profile Pensions they spotted an opportunity. The industry was then running a switch and we’ll take a commission business. Profile Pensions wanted to do things differently – in a more fair and transparent way.
Our pension advisers are committed to making your no obligation pension as painless as possible in simple, jargon-free language.
So a lot of companies offer a no obligation pension review service. And that’s what we offer. But it’s not the same. We put every effort into making your customer experience as positive as possible and we genuinely care about doing the best for you. More straightforward, less pressured, and more tailored to your unique requirements.
On average we find £25,000 per missing pension
Shaun, Found a £27,603 pension with Prudential. Lives in Penarth
The result of my pension trace was great! Profile helped me find pensions that I’d lost through moving employers and put everything into layman’s terms. Even though I paid out, I’m better off in the long run and in control of my pension pot.
Mark, Found a £24,899 pension with Re-assure. Lives in Bath
The process was entirely pain free, very professional and explained in a way that was easy to understand. The best part was that I found money that I didn’t know I had! I would definitely recommend Profile to anyone who needs pension advice or to find a lost pension.
Julie, Found a £8,420 pension with Phoenix Life. Lives in Scunthorpe
Year after year I would receive statements put them in a folder and forget about them. Until I received a letter from Profile asking if I would be interested in a pension trace. I took them up on their offer with no hassle within a few weeks they had found a company that I could transfer my pension to and pay in again If I wished to do so.
Average TrustScore of 9.3 out of 10
Andy G, 15 hours agoprofessional easy to understand discussions
Sean Linford, 19 hours agoSamantha Packham, you are a legend! Talked me through switching my dormant pension to something less costly and more actively up to date, and not blinding me with science
David Hall, 3 days agoVery helpful and informative!!!
J M, 3 days agoA bunch of charlatans. Writing to dead people is an insult, stupid, distressing and uncalled for. A very UN professional outfit in our opinion. Causing anguish to bereaved people by sending mail to a deceased person who has had no contact whatsoever with the company is the worst kind of 'cold calling' Hang your heads in shame. It is disgusting.
Jacqueline Laird, 4 days agoFirst class advice
Steve bingham , 5 days agoI received good honest informative information. The representatives were very helpful & knowledgeable too very well done profile. I have already recommended you to several friends & colleagues 😁
Paul Robert Penson, 5 days agoAdviser is very helpful and talks to you clearly explains it to me in English
paul, 5 days agoVery helpful, not to pushy and explain everything in detail. I believe in your best interest.
David Prisic, 5 days agoVery honest and helpful
Martin Mugginson, 5 days agoVery informative and helpful.put my mind at rest and nothing was to much trouble
Tony G, 5 days agoThe lady who spoke to me was polite, friendly, patient and knowledgeable. The options available were made clear to me and everything explained clearly
Harvey Turner, 5 days agoVery knowledgeable very honest quick and efficient no mess no worries profile made everything simple I now have all my pensions in one place and they are performing better than they were before. .Great
Mark Graham Harley, 5 days agoVery proffesional, knowledgeable and helpful. Helped give me a better understanding of how my pension works for me. Would recommend to anyone.
Neville Carter, 5 days agoClear communications and very easy to deal with. Highly recommended.
Nigel , 5 days agoFantastic company, explained everything in easy to understand terms and made it a stress free process with no complications!!! Highly RECOMMENDED!!!!!!!!!!!!!!!
Alan Gardner, 5 days agoAbsolutely spot on, great advice and all excellent service and has been from day one
Lisa King, 5 days agoSuch a friendly team of people, they explain things in easy to understand terminology and check your understanding all the way through. Very professional service that I would highly recommend. I am now happy that my pension is on the right track
Nigel Bradley, 5 days agoStaff are very helpfull
Helen Henderson, 5 days agoThe information given to me was excellent and simple to understand
Richard Vine, 1 week agoVery helpful, and explanatory, thanks
Find Your Pensions
The government estimates there is around £400m in unclaimed pensions. Is there money owing to you?
Your journey starts here. Our Pension Professionals track down all your pensions (including lost or missing ones), do a whole market comparison, then advise the best options for you. It’s completely no obligation. You invest nothing more than a 40 minute phone call.
Pension Transfer/Switch (please update to): If you choose to act, we take care of switching you to a new provider. We even do most of the form filling. There’s no pressure on you to switch. Our goal is to find you greater value from what’s available across the whole market. If we can’t, we’ll tell you.
Cost: 1.75% of transferred funds + £450
On-going Annual Advice
On-going Annual Advice: Most people go years without reviewing their pension – potentially losing thousands. We offer an annual review to check pension performance. And we look at if anything’s changed with you (including your risk appetite) or the market. This also includes access to our year-round Pension helpdesk.
Cost: 0.4% annual Profile pension management charge*
*Please note the average provider charge we see is 0.34%, therefore on average the ongoing cost is 0.74%