The situation with SERPS is a bit confusing right now. The State Earnings Related Pension Scheme (SERPS) ran between 1978 and 2002.

Anyone employed, and making National Insurance Contributions during that time, had a SERPS entitlement. The pension scheme was designed to “top” up your basic State Pension entitlement.

But some people chose to opt out of this scheme (called “contracting out”). Choosing instead to redirect some of these payments into their personal pension.

How much is your SERPS pension worth?

How much your SERPS is worth is dependent on how much you were making at the time. And if you chose to opt out.

If you opted out during or after April 1997, you’ll have no SERPS entitlement after that point. And if you contracted out before April 1997, your entitlement will be reduced.

The good news is; we can sort the whole thing out for you. If you give us a call, we can track down and find out exactly what your entitlement is in a no obligation review.

We can then tell you your options with SERPS because you may find that you want to….

Switch your SERPS pension

At the height of SERPS opt out, there were over 100 pension companies. Since then many have merged or been taken over.

We’re not pushy and our no obligation review will help you to determine whether it’s worth switching your SERPS pension at all. We just tell you your options. Because we’re completely impartial, we can check all the deals available in the market. Not just move you from one fund to another under the same provider.

So whether you opted in, out, or have no idea that state of your SERPS. Call Profile 01772977162

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


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 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.


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!


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 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.

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