Portafina Reviews 

99
TrustScore 2 out of 5

2.0

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Rated 1 out of 5 stars

I got in touch with them last year as I was turning 55, First lot of paperwork went through no bother. Then to progress they wanted copies of my bank statements showing all my incomings and out goings... See more

Company replied

Rated 1 out of 5 stars

I keep getting unsolicited letters from this outfit about releasing money from my pension at age 55. As I don't have a private pension and have been getting my pension since 2017 aged 52 I don't know... See more

Company replied

Rated 1 out of 5 stars

Terrible company misleading advice don’t do as requested over speaking you looking at contacting fca on advice and subsequent treatment by operators no call backs Knowing what I know now about thi... See more

Company details

  1. Financial Consultant

Written by the company

Creating your best possible future is easy with Portafina. Discover why so many people trust us with their pensions. FCA regulated.


Contact info

2.0

Poor

TrustScore 2 out of 5

99 reviews

5-star
4-star
3-star
2-star
1-star

No recent history of asking for reviews

This company hasn't invited customers recently, so reviews may not be representative

Hasn’t replied to negative reviews

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2.0

All reviews

(99)

1 review in the last 12 months

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Companies on Trustpilot aren't allowed to offer incentives or pay to hide reviews. Reviews are the opinions of individual users and not of Trustpilot. Read more

Rated 5 out of 5 stars

I was completely satisfied with the…

I was completely satisfied with the recommendation and all members of staff were efficient.

February 9, 2022
Unprompted review
Portafina logo

Reply from Portafina

Hi Sarah, thank you for your kind review. I'm happy to hear you were satisfied with our service. Thanks again and best wishes.

Rated 5 out of 5 stars

sorting my pensions out was easy to…

sorting my pensions out was easy to understand and the advisers easy to talk to so want to thank them all.

December 18, 2021
Unprompted review
Portafina logo

Reply from Portafina

Hi Chris, thank you for leaving us a 5* review. It's great to hear that we made things feel understandable and that our advisers were easy to talk to. Best wishes...

Rated 1 out of 5 stars

Not Financial "Experts"

Terrible experience. Took a year to transfer my pension and I had to constantly get directly involved and contact my pension provider. At one point I was told I couldn't transfer my pension because it was a defined benefit scheme (after receiving the financial report from Portafina that told me I could). It was left to me to investigate the position and convince them that I was eligible to transfer. I was calling Portafina at least every other week and rarely spoke to the same person twice. Just two examples of the poor and very expensive service received. Avoid and go with a local financial adviser.

December 5, 2021
Unprompted review
Portafina logo

Reply from Portafina

Hi Gary, I am sorry to hear about your experience. All pension providers have their own timescales they abide to, and this is where the process can take longer than expected. Pension providers also have different requirements where in certain cases a lot of contact is required from the client directly especially at transfer stage. Our clients are at the heart of everything we do, and we will be reviewing your case as a priority to see what went wrong and where we can improve in the future. Best wishes…

Rated 5 out of 5 stars

Great service

Great service, very polite and professional. Will always explain things if you are not sure and there is no masses of paperwork to fill out. Can recommend Portafina.

December 5, 2021
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Reply from Portafina

Hi Stephen, thanks for leaving us a 5* review. It’s great to hear you were impressed with our service. Best wishes…

Rated 5 out of 5 stars

Review to pension

Great customer service and able to assist in my decision on my pension, very helpful and would highly recommend to others

December 3, 2021
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Reply from Portafina

Hi Paul, thank you for your nice review. I'm really pleased to hear you were happy with our service. Thanks again and best wishes.

Rated 1 out of 5 stars

Beware of unsolicited spam

I never contacted this company, I never asked for their advice and I never will. Who did they bribe, who sold my private information !?! Never spam me again.

As a side note, beware of people promoting the "Benefits of Pension Release". They do not tell you of the many people who's savings, pensions . . . . lives were destroyed forever, due to listening to SALESMAN promising easy money. I advise against listening to companies like these. Do your own independent research into their horror stories before you even consider doing something as stupid as PAYING companies out of YOUR pension, to get to your own money.

If you really wanted to release some of your pension,
it is easy, you can do it yourself. All you need to do is contact your pension provider and ask them what your options are. Just make sure you keep tax implications in mind when taking money out of your pension.

If you feel you need help, there are many reputable institutions that will help you (for a fee !). They are easy to find with a search on the internet but I suggest staying with known big names. Do not contact just one, ask at least three, compare what they will do, their fees and look at reviews on sites like Trustpilot. Only then decide.

In my opinion. If a company spams you out of the blue, stay clear. Portafina's literature has the same smell as timeshare from years ago to me, I see red lights all over it.

These are all numbers from their spam letter:
NO: 754580
44680/5083/C10Z
316A/00251/0023715

November 5, 2021
Portafina logo

Reply from Portafina

Hi André, following your post regarding the correspondence you’ve received from Portafina, I would like to apologise for any discomfort that may have been caused in receiving a letter from us.

We purchase the mailing data we use for our direct mailings from a select number of data firms that are registered with the DMA and must act compliantly with the General Data Protection Regulation (GDPR). These companies are rigorously vetted and contracted to provide what is known as “opted in” data, in accordance with the GDPR. We rent this data in good faith and communicate under legitimate interest.

Unfortunately, to make sure you receive no further mail from us I do need to ask you to fill out this form on our website: www.portafina.co.uk/removals/

Alternatively, you can email removals@portafina.co.uk with your full name and address we can remove you from the mailing list and ensure no further mail is received from us.

Best wishes...

Rated 5 out of 5 stars

Very Professional

Very Professional
Great comunication

October 18, 2021
Portafina logo

Reply from Portafina

Hi Alan, thank you for leaving us a positive review. It's great to hear that you were happy with our service. Best wishes...

Rated 5 out of 5 stars

Great job

Everything taken care of no hassle great job

October 15, 2021
Portafina logo

Reply from Portafina

Hi, thank you so much for leaving us a great review. I'm really pleased to hear you were happy with our service. Best wishes...

Rated 5 out of 5 stars

Fantastic and fast dealing with the…

Fantastic and fast dealing with the pension plan and good keeping you updated how it’s going very good staff done us proud

October 15, 2021
Portafina logo

Reply from Portafina

Hi Dean, thank you so much for your kind review. I'm really pleased to hear you were satisfied with our service. Best wishes...

Rated 5 out of 5 stars

Reliable Company.

In basic terms, my experience was hassle free. Each person I spoke to on the phone spoke to me in plain English and not jargon. They were polite and friendly and if I was promised a phone call, that's what happened. Very reliable.

October 9, 2021
Portafina logo

Reply from Portafina

Hi Shelley, thank you so much for leaving us a great review. I'm really pleased to hear you were happy with our service. Best wishes...

Rated 4 out of 5 stars

My pension review and transfer

Very informative, efficient and made sure everything was understood, would definitely recommend

October 8, 2021
Portafina logo

Reply from Portafina

Hi Keith, thank you for leaving us a positive review. It's great to hear that we did a good job and that you would recommend us. Best wishes...

Rated 1 out of 5 stars

INITIALY HELPFUL, THEN PORTAFINA LOOSE INTEREST IN YOU.

EASY TO DEAL WITH WHILST DISCUSSING INIITIAL PROCESS OF RETAINING PORTAFINA AS ADVISOR, BUT ONCE SIGNED TO THEM THEY SEEM TO LOOSE INTEREST. CONSTANTLY HAVE TO CHASE AND PROD AFTER SUBMITTING REQUESTS FOR THEM TO ACTION.

October 8, 2021
Portafina logo

Reply from Portafina

Hi Ian, thank you for leaving us an honest review and I am sorry to hear it felt like we lost interest in you. Our clients are at the heart of everything we do and we are always looking for ways to improve our service. We will be looking into your case to understand where we could have done things better so we are able to deliver a better service in the future. Apologies again and best wishes…

Rated 1 out of 5 stars

It took eight months to sort out but…

It took eight months to sort out but they took their fees before I got my money they would never give a straight answer to any questions I would not recomend to my worst enemy

October 8, 2021
Portafina logo

Reply from Portafina

Dear Tony, I’m sorry to hear that you had a bad experience with us. We are looking into this as a priority and will be in touch again soon within the timeframes set out in our recent email. Once again, I am sorry and best wishes…

Rated 1 out of 5 stars

They keep on sending me forms for my…

Update, just received an email from Portafina, they say they are sorry for the letters, and have removed me from their mailing list. I am glad that they have done this, thank you Portafina.
They keep on sending me forms for my pension to be moved, presumably to them, no chance. I have asked them at least twice to remove me from their database. Have not done so. So I just put all their paperwork back in their envelope, write on it remove me from their database and send it all back to them costing them money. After reading other reviews would not touch this crowd with the proverbial barge pole.
Another nice fat envelope coming your way Portafina, with the same message.

October 3, 2021
Unprompted review
Rated 2 out of 5 stars

Started the process in April

Started the process in April, thinking 4 months would be plenty of time ,,,,,, very poor feedback , its my pension ,why am I not involved ??? I will be more than happy to update this revue when this iceberg starts to move ...... ball in your court !!!!!!!
Martin

September 28, 2021
Unprompted review
Portafina logo

Reply from Portafina

Hi Martin, thanks for getting in touch and I’m really sorry to hear that your experience with us has not been great so far. We would love the opportunity to be able to turn this around. One of the team will be in touch with you today with an update. Best wishes...

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