My husband died suddenly at work 10 years ago. His firm were really good and a financial advisor they used helped me sort out his pension - he did the first year free…but I agreed to carry on with him . My money invested and I get a monthly allowance from it . However when I look at the annual fee - I feel I’d be better to just have my money and put it in a building society and just use it if I need it. I now get my state pension and tho working will retire soon and ge5 a small pension.
I live in a small house and we are not talking large sums of money. I get stressed when I get paperwork from them etc - how difficult will it be for it to be transferred.
i am not from a world that uses advisors - I was just so stressed after the death of my husband but - I dread asking them as I get overwhelmed by men in suits …..sorry if not making sense. Do many people have financial advisors - is it better to have a lump sum and use that for funds rather than a pension.