There’s a lot of stories in the news of people who’ve lost their entire pension pots of which some were invested in “SIPPs” or self-invested personal pensions.

If you’re worried you’ve invested in a bad SIPP then don’t delay. We’re impartial pension advisers, authorised and regulated by the FCA and can review any scheme for you straight away in a no obligation pension review. Just call us now on 01772977162.

But, if you’re confident about your current pension plan and want to know about the benefits of a SIPP, we can take you behind the bad headlines.

What is a SIPP Pension?

Firstly, the good news – not all SIPPs are ‘bad’ – or high risk. It is all about where the funds are invested. However, SIPPs can be higher risk than a traditional pension scheme, meaning they could unsuitable for some people. Traditional pensions limit the funds your provider can invest in. But with a SIPP you can invest in pretty much anything e.g. overseas properties, car parks, but mainly FCA unregulated products.

These investments typically grow (or fall) at higher rates than traditional pension funds. So, investors are hoping for a higher rate of return.

But of course, problems are going to occur when:

1) People move their entire pension pot into a risky SIPP

Generally, for many people, your first and best pension scheme is your final salary or defined benefit pension. Usually, you should only move your money out of these for a very good reason. Which leads us to…

2) People getting advice from so-called “advisers” with a hidden agenda

You should only take pension advice from an adviser who is authorised and regulated by the FCA, like us, 596398. These are the only people who must give you an impartial opinion of any Self Invested Personal Pension scheme.

But, because a lot of investment funds can use a SIPPs wrapper (for tax benefits); some funds set up their own so-called advisers. They usually offer the same advice “Invest in our fund”.

Why switch your SIPP with Profile Pensions?

We are fully impartial and transparent and only recommend SIPPs, which use FCA (596398) approved funds.

We have helped over 11,000 UK customers get a better deal on their pension over the past three years – take a look at some of our customer reviews here.

We are fully authorised and regulated by the Financial Conduct Authority, you can check that here.

If you want to find out about regulated SIPPs from regulated and impartial advisers – call Profile.

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.

Our customer reviews

Profile in the press