Since 2015, people over 55 has been given access to greater freedoms in how they can access and use the money accrued in their pension pots. However, with it comes a greater responsibility for making the best decision for financing their retirement.
If you’re in a saving scheme that provides you with a sum of money – or a pension pot – you need to make that decision carefully. With so many options available now, that decision isn’t as simple as you might think, and it may not be one you’ll want to take on your own. Questions about whether you can afford to retire, how much your state pension will be or whether to merge multiple pension pots aren’t easy to answer without the help of an adviser.
Start with Free Advice
Before deciding on a financial adviser, it’s a good idea to get a better understanding of the …