What is a Group Personal Pension?

A group personal pension (GPP) is a type of pension offered by some employers. Your employer chooses a pension provider for you to pay into. But the pension arrangement is purely between you and the provider.

Group Personal Pensions are offered as a way to help you reduce tax on your income earnings. And companies offer them to make you feel like your salary is going further. But here’s the thing… If you’ve had more than one job (and these days, who hasn’t) then chances are you may have had more than one company pension scheme.

How can Profile Pensions help?

A lot our customers call us saying they’ve forgotten the group personal pension schemes they’ve paid into. Or they’ve only paid attention to their most recent scheme. They’re getting close to retirement and realise they have other pension contributions out there.

If you have a company pension (or pensions) lying dormant it’s a total waste of your precious pension funds. You should really track down every pension plan, scheme, or pot you’ve paid into. Then merge them into one streamlined plan that will yield better overall growth.

Sound like a hassle? Actually, it is. But that’s how we earn our fee. If you’ve got the paperwork, we’ll take care of it. Seriously If you’re willing to spend 10 minutes on the phone with us (vs hours on hold with every past provider…) then we can:

  1. Track down every one of your pensions
  2. Review your contributions across all schemes
  3. And advise you what to do next.

All for free. There’s no obligation to work with us beyond that. And we’ll hand all the info back to you to for your own records. It is, after all, your pension and your choice where you take it. We’d just like the opportunity to help you with your choice.

We find you the best value pension

Our Pension Professionals track down all your pensions (including lost or missing ones), do a whole market comparison and then talk you through options. At the end of the 40 minute phone call, you can decide on your course of action, with no further obligation to Profile. If you choose to act and switch pension provider, we can take care of everything for you. We promise that there will be no pressure on you to switch.

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Over 11,000 customers have switched £470m of pension savings with us

David

Design Engineer, likes the outdoors and lives in Darlington.

The advisers are very knowledgeable and if you have questions they are unable to answer at the 
time they always come back in a short space of time. 
I would recommend Profile to anyone thinking of taking out a pension review.

Sonia

Sonia lives with her husband and stepchildren in Buckinghamshire.

I was particularly impressed with how Profile fed back to me throughout. I have to say I was very happy with their service and how my adviser explained everything in a very straightforward way. He also didn’t put me under any pressure to make changes, so I felt comfortable and confident about trusting his recommendations when it came to transferring my pension.

Robin

A milkman from Barham, Suffolk.

Profile advised that I should switch my pension to LV because it had better long-term prospects. I decided to take their advice and move my pension and I’m glad that I did! Profits have climbed nicely since it was opened just a year ago. I’m very pleased!

Pete

An IT professional from London

The adviser gave me some of the information that I already knew and he supplemented that with current information about my pension performance, how that compared to the market, what the fees were and other plans and providers and what returns they were getting. I imagined that I’d be given a lot of facts of information, which I was, but in manageable chunks over the course of the call.

Davy

Davy works for the Prison Service and lives in Ayrshire.

The yearly updates that I receive from Profile are excellent and understandable. The decision to transfer my pensions via Profile was one of the best decisions that I have made and I wish I had taken the steps years ago.

Our customer reviews

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