Getting Advice

Why get financial advice at retirement?

There has never been a more important time to get good quality professional independent financial advice. Making the wrong decision about your retirement can have a terrible effect on not only your retirement lifestyle, but can impact your spouse, your children, and now with the new retirement rules, future generations.

A financial adviser can help you to clarify your needs and priorities by understanding your current situation in detail, then presenting a plan and recommendation to meet your short-term and long-term goals. Have a look at some of our example advice reports that are real advice cases. We would hope that this level of detail supports the case for financial advice.

In July 2015 one of the UK’s leading Pension providers, Old Mutual Wealth produced a Redefining Retirement report. This revealed some interesting results which demonstrate the power of financial advice. A copy of the full report is available to download.

Table showing potential increase in retirement income per annum by getting advice compared to not getting advice

You could have a 53% increase in income if you see an adviser regularly and have an income target in mind, compared to not doing so.

90% of people who see a financial adviser on a regular basis feel the advice has benefited them. Peace of mind is seen as the most important benefit ahead of the financial benefits which can be substantial. The research proves that regular financial advice can deliver real benefits, with the top five benefits identified being:

  1. Peace of mind
  2. Finances are efficient for tax purposes
  3. Achieve financial goals
  4. Protection against losses
  5. Better off financially

The aim of this website is to provide enough information coupled with live quotes and reports to enable consumers to shape and implement their own retirement. There are however circumstances and legislation that require authorised independent financial advice. We truly believe the best outcome is to always take independent financial advice through a uk advisor. In our experience, the best way to achieve your immediate and long term goals is by establishing a long-term relationship between you and your advisor.

Speak to our experienced advice team today on 02920 451311.