Coronavirus Read our latest advice

We use cookies to allow us and selected partners to improve your experience and our advertising. By continuing to browse you consent to our use of cookies. You can understand more and change your cookies preferences here.

Financial Advice

The basics of financial advice

Financial advisers can provide guidance on financial topics including pensions.

While you can use comparison websites for more basic tasks such as choosing a savings account, more complex issues such as pension planning and investing can benefit from expert advice.

Financial advisers are regulated by the Financial Conduct Authority (FCA) and must adhere to a strict set of codes. You can check the FCA register to ensure an adviser is properly authorised.

Taking financial advice on your pensions and investments could leave you nearly £50,000 better off in the space of a decade, according to a 2019 report by Royal London, which claims that ‘non-affluent’ investors can enjoy a significant uplift in wealth by using a financial adviser.

Find out more: Can an advisor make you better off?