Customer Reviews

I was tempted by their cash back offer, but never again! I attempted to transfer a SIPP to CSD. My initial transfer request was made on 31 July, in the end I gave up and cancelled the process in mid-October. In that 2 ½ month period, the first month was wasted with no request being made to the source provider, and the next 6 weeks by repeated promises and failures to send certain due diligence information that the source provider insisted on receiving before transferring funds. I spoke and messaged CSD on numerous occasions, but they seemed powerless to actually do anything. All they could do was pass on messages to Embark Pensions (EBS), who are the administrator and responsible for doing the transfer. The problem is that my only contact was with CSD, not with EBS, so I could not chase them directly. I complained to CSD on 5 October. They delayed their response until 28 November (they wrote that they are experiencing a higher than usual volume of complaints – I wonder why!). Their response was simply to deflect all blame to EBS, but they did write “the delays in the progress of your transfer, including failing to send due diligence information….were the fault of EBS”. I can see there are many negative reviews about EBS elsewhere on the internet. I have no idea of the quality of service of CSD, as I never got that far, but I would strongly suggest avoiding using them while EBS acts as their administrator. My SIPP was sat as cash during this process. The fund in which I intended to invest went up by more than 10% in this period, so this frustrating and pointless saga came at considerable cost to me. After I cancelled, I switched to another provider, and the cash was transferred to them in a couple of weeks, showing the process can work efficiently, but not with CSD!

Their service is just amazing and they are doing a wonderful job

No issue to report but yearly fee could be better than it's currently is

Great communication, help and support us superb. Transactions are easy and great value

I love there services

They are reliable and trusted

They do all they promised.