How Do I Find My Pension?
The government estimates there is around £400 million unclaimed pension savings in the UK. Is there money owing to you?
It’s possible. Around 2/3 people have lost track of contributions they’ve made during their working life and HMRC says the average value of these “missing” pension pots is £33,500.
Sound too good to be true? Between 1989-2012 over 6.5 million people in the UK “contracted out” of the State Earnings Related Pension Scheme (SERPS). Since that scheme ended it’s come to light just how much confusion it caused. A quarter of employees weren’t even aware they’d done this.
If you worked at any time during those years, or if you’ve changed jobs several times, it’s time to check for “missing” SERPS money somewhere. And it won’t cost you a thing.
If you’re interested in tracing your missing SERPS related pension please read on:
STEP 1) Submit your details online.
STEP 2) Sign and return a simple form. This gives your approval for us to start the pension trace.
STEP 3) One of our pension advisers will be in contact to talk through the results of the pension trace and run through the next steps.
Total time investment by you: 45 mins
Why should I trace my pension?
You can also do this by yourself. HMRC has set-up a dedicated Pension Tracing Service here. And they also send you a report.
But typically, our customers say those reports don’t give enough info. For example HMRC, only lists the info at the start of the policy’s date. And it’s not unusual over the years for a policy to have passed on to different policy holders. You see something like a company called “Scottish Amicable”. Then it takes further research to find out your policy is now with Prudential. We do all that for you.
But the main thing is, just knowing where the policy is doesn’t tell you what to do next.
– Is this a good fund? Should I stay here? Is it performing well? High or low risk? And are the management fees reasonable compared with industry averages? How is my money invested? What are the risks? How much am I paying in management fees and can these be reduced?
– Or should I consolidate my pensions?
As with all our services, your pension report is prepared by a Pension Adviser. So not only do they find any missing money, they can then advise you what to do next. With no obligation.
We only charge money (1.75% of the value of the transferred funds plus £450) if you decide to change or consolidate your pension. And there’s no obligation to do so.
Now, we know the ‘reclaim PPI’ industry has made consumers wary of so-called free financial services. So here’s our guarantee to you. If you contact Profile Pensions for SERPS Pension Tracing it is a completely:
No Obligation Pension Tracing Service
After we report back on the results, that’s it. There’s genuinely no pressure to do anything more. Which also means…
After we track down your pensions you never have to speak with us again. We won’t bombard you with weekly marketing. No automated phone calls or text messages trying to convince you to use our paid services.
What are you waiting for? Find your missing pension money now!
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 9.5 out of 10
Stuart Cather, 1 day agoEasy done process and no pressure
Andrew Broadley, 2 days agoGood service
TREVOR ROBINSON, 2 days agoVery well explained and friendly no hard sale
Brian Davidson, 2 days agoFrom initial consultation very honest and professional advice for which at not on one occasion did I feel pressurrarised to make a decision or neither given information that I wanted to hear to make me feel this was right for me. I would highly recommend profile pensions for anyone and you may be surprised what they can offer for you and have the trust back into your pension plan with the kinow how of professionalism looking towards your future not theirs.
Mr Jenkins, 2 days agoThe representative explained all options clearly with no bias toward any perticular company. No rush to make any decision and all queries was professionally clarified. Would totally recommend.
Mr Wurr, 2 days agoProfessional company, lots of information in a simple and understandable way. I would recommend this company to anybody. Thank you.
Nicholas Butler, 1 week agoMy compliments to the advisor who dealt with me. A professional gent who was able to explain everything clearly and precisely, a rare thing these days.
Anthony Hennessy, 2 weeks agoVery happy with the service. The pension adviser was most thorough.
steven, 2 weeks agoI found this company very useful and they explained everything I needed to know in great detail and helped me make the right choice in getting a better pension. trustworthy people and very helpful.
Colin Cruise, 2 weeks agoVery helpful
Martyn Swales, 2 weeks agoDid what they said and made me so satisfied that i tell everyone i can think of to go to them
Michael John Tress, 2 weeks agoAmazing knowlege explains s complex system into easy terms that we can understand. No confusing jargon
Alastair Wright, 2 weeks agoI believe the people at Profile have my best interests at heart ... I feel sure that I am making the correct choice in my life after speaking to them ...
Helen Sherratt, 2 weeks agoExcellent all round... Very patient with my non understanding & queries - wish I’d found Profile Pensions sooner. A family member used to be an IFA & he was very impressed with them too.
Kevin Lill, 2 weeks agoExcellent service provided
Philip Garrard, 2 weeks agothat was really good and made it so easy will definitely use them again
Keith boxall, 2 weeks agoBrilliant information
Gerard Patrick John Evans, 2 weeks agoI found you very helpful answering all my questions very clearly.
Beverley , 2 weeks agoNo recommendation but the service is very good
Andrew Owen, 2 weeks agovery professional to deal with, quick and easy transactions and correspondence
Find Your Pensions
The government estimates there is around £400m in unclaimed pensions. Is there money owing to you?