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 9.4 out of 10
Alan Rowe, 2 days agoWhy use so called company’s like this who charge you more than 25% of what they find your illegible to when you can phone gov.uk for a small amount.parasites and vultures that’s all they are like ppi company’s out for all they can get.
Kalbant Brar, 2 days agoInstinctively I felt like l've been given honest and relivent information. Great service. Would recommend.
Iain Bridle, 2 days agoVery easy and well explained system and made even easier by plain speaking without all the jargon
Martyn Davis, 2 days agoSo far have been a great help. Gave me sound advice. Made me feel at ease when speaking on the telephone. I'm so glad I followed up the initial contact. Worth getting getting in touch. I have recommended Profile Pensions to friends.
John Edwards, 3 days ago5 star help with what I wanted out of my old private pensions
Deborah Grafham, 3 days agoVery helpful and informative.
Paul Gibson, 3 days agoEasy and helpful advice
Spread the word , 3 days agoExplained everything clearly and transferring was straight forward.
Paul Weir, 3 days agoGood honest advice, poor phone connection & line dropping prevented me from giving five stars. That is my only gripe really, the chap i spoke to was excellent and gave sound advice.
Debra, 4 days agoBrilliant - really helpful and nompressure
Michael Cotton, 1 week agovery helpful
Scott Blackman, 1 week agoGood sound advice, clear and concise information to make you understand every fine detail
nigel levy, 1 week agoWas very pleased with the advice I got
Mark Anthony Rankin, 1 week agoProcise and thorough review to help my pension preform right for me.EXELENT thankyou.
Alan Walsh, 1 week agoMade the process very clear and simple Profile provided a straightforward and simple process.
Unhappy , 1 week agoHad letter stating I had signed papers enqiring about HMRC and serps which I had not. Rang three times to try and clarify and waited 3mins on hold each time before being redirected to a voice mail. Coincided with my 55th birthday and abilty to take my pension. Not happy they got my info and dont answer phone. Anyone else had same?
David Vowell, 2 weeks agoThis company is very good at what they do and explains everything to u in simple and easy way and the staff are very friendly and helpful thank you for your help Mr David vowell
Andrew Robinson, 2 weeks agoJust a great service
C JONES, 2 weeks agoVery pleasant to deal with and helpful
Wayne Morgan, 2 weeks agoAppointments won t met,had my doubts
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%