The Value of Financial Advice
Confidence Backed by Expertise
Retirement decisions are rarely simple. An adviser brings structure, experience and clarity to complex choices.
Most offer a free initial consultation, so you can explore your options without commitment
Research suggests people who receive regulated advice may be significantly better off over time.
“Good advice doesn’t just improve numbers. It improves peace of mind.”
What Does Advice Cover?
An Adviser will:
- Review all pensions and savings
- Create an income strategy to model how long your money could last
- Build an investment portfolio where applicable
- Identify tax-efficient options
Typical Costs
- Initial advice: 1%–3% of assets
- Ongoing advice: 0.5%–1% per year
- Fees can usually be deducted from the pension assets
There are two main ways to take income from your pension
Pension Annuity
A Pension Annuity exchanges your pension fund for a guaranteed income for life.
Why people choose it:
- Predictable income
- Peace of mind
- No investment risk
- Simple
“Certainty can feel reassuring when you’re stepping into a new chapter.”
Flexi-Access Drawdown
Flexi-access drawdown keeps your pension invested while you withdraw income as needed.
Why people choose it:
- Flexible withdrawals
- Income can be increased or decreased
- Potential for continued investment growth
- Legacy to pass on
“Flexibility gives you control, but it comes with responsibility.”
Can I Take a Tax-Free Lump Sum?
Yes, from age 55 most pensions allow you to take up to 25% tax-free, with the rest used to provide income today or in the future.
You can:
- Take the tax free lump sum and delay starting an income
- Take the tax free lump sum and start an income (Annuity, Drawdown or both)
- Build a personalised plan for your needs
How we can Help
We connect you with a qualified, FCA-regulated Financial Adviser who can show you how your pension could support the life you want next.
A financial adviser can create a cashflow plan showing:
- Your pension income options today
- How the State Pension boosts your retirement plan (typically age 65–67 onwards)
- How other savings can be built into your plan
(You must be aged 55 or over to access pension benefits)