What we do
We give you impartial, expert and ongoing advice for your pension; from an initial no obligation review right through to your retirement.
We find out what your pension is worth and how much it will give you at retirement.
We tell you how much you are being charged and how its performing.
If your pension is fine where it is, we will tell you.
If we think you could do better, we will tell you.
The work we do for you comes with no obligation.
Every year we will discuss your pensions performance in detail.
Our Pension Professionals will report back on your retirement savings and whether they are still in the best place to help you achieve your goals.
If any adjustments are needed, we’ll let you know so that you can be confident your pension is working for you.
We’re also on hand all year, every year, until your retirement, to answer your pension questions as your needs change.
How we find the best pension for you
We speak to you to find out about your current pensions.
We contact your pension providers for you to review all of the information they provide.
We contact you to discuss our findings; including whether its better to switch your pension or stay where you are.
Working with all the UK's leading pension providers including
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 Financial 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 Financial 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 IFA 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
Finding 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.
7 in 10 people who come to us for a pension review find a better value pension with our help. It’s the perfect opportunity to see if you can reduce your fees, grow your pension and make more money for your retirement.
The initial review is no obligation. We charge 1.75% of the value of the transferred funds plus £450 to switch or transfer you.
Managing your pension through to retirement
After the initial review, you can take advantage of our annual pension advice. Every year we’ll check your pension’s performance and look to see if anything has changed with you or the market. If any adjustments are required, we’ll let you know. You’ll also have access to our year-round pension helpdesk.
Most people go years without reviewing their pension – potentially losing thousands. By staying on top of your pension, together we can ensure your money is working as hard as possible for you to maximise your pension savings potential. We know pensions inside out, will have all your details to hand and can advise you on anything from the state pension to tax-free cash.
The annual charge for Profile pension management is 0.4%.**
*Please note the average provider charge we see is 0.34%, therefore on average the ongoing cost is 0.74%
*The on-going annual advice charge is optional should you wish to opt in to this service
How charges impact your pension
The amount you pay to your provider in management charges every year can make a huge difference to the value of your pension pot.
Even a small reduction in annual fees can make a big difference to the savings you’ll have at retirement.
The graph opposite shows how paying 0.34% in annual management charges, rather than the average 1.47% could add an extra £14,000 to a typical pension pot.*
Why not try our online pension calculator to see what lower charges could mean for you.
Example pension growth
Graph based on a 45 year old with a current pension pot of £40,000 and a projected retirement age of 67