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?