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What do financial advisers do? Pension related

1 reply

Wildery · 27/02/2021 18:53

Hi all, I need a pension. I’m early forties, self-employed and a higher rate taxpayer and I have no idea about pensions, although I know I need one. Although I’m higher rate, I’m only just, and the sole household earner so not lots of spare cash. No other savings. What does a financial adviser actually do and do I need one in this case? I’m just looking to start a pension - can I relatively easily work out how to do this myself? What would be the benefit in using a financial adviser and paying their fees? (No offence intended to any IFAs here)

OP posts:
notdaddycool · 27/02/2021 19:34

A mistake is very expensive, a good fa could make a massive difference. If you don’t know what you’re doing go for it.

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