A pension is easy to set up and even easier to forget. The trouble is that a plan you took out years ago may now be charging more than it needs to, invested in funds that no longer suit you, or simply not on course to give you the retirement you want.
A pension review is a straightforward way to find out where you stand. An FCA-authorised adviser looks at what you have, what it is costing you and whether it is on track – then tells you, honestly, whether anything needs to change. Sometimes the answer is that everything is fine. Either way, you know.
At Pensions Advice UK, we connect you with FCA-authorised financial advisers who can review your pensions and give you a clear picture. We do not provide financial advice. We act solely as an introducer.
What a pension review looks at
- Charges – whether you are paying more than you need to, and what that costs over time.
- Performance and investments – whether your money is invested in a way that still suits you.
- Are you on track? – whether your savings are heading towards the retirement you want.
- Old and forgotten pensions – pulling everything together so nothing is overlooked.
- Your options – what, if anything, is worth doing next.
A sensible first step, whatever your situation
You do not need to be close to retirement to benefit from a review. Whether you are decades away, a few years off, or already drawing an income, knowing whether your pension is on track puts you in control of one of your most important assets.
A proper review means assessing your individual circumstances – your charges, your investments, your goals and your timescale. That assessment can only be made by a qualified adviser, which is why we introduce you to an FCA-authorised firm rather than attempting it ourselves.
Submitting your enquiry is free. Any fees for advice will be explained to you directly by the authorised firm before you proceed.
NOTE: (We do not provide financial advice. We act solely as an introducer)
What a pension health check can include
- The opportunity to receive a second opinion on your existing pension savings from a qualified adviser
- Understanding whether your current pension arrangements may include unnecessary or high charges
- Access to a whole-of-market review, where appropriate, carried out by an authorised adviser
- Clear guidance on your options to help improve your retirement planning
- A detailed review of your existing pension arrangements by a regulated firm
- Independent advice provided by an FCA-authorised financial adviser
- Support in understanding whether consolidating pensions may be suitable for your circumstances
- A personalised report provided by the authorised adviser outlining their findings and recommendations
- Assistance with identifying any existing or historic pension arrangements as part of the advice process
Common questions
Does a pension review cost anything?
It is free to enquire and be introduced to an adviser. If any advice or service carries a fee, the authorised firm will explain that to you in full before you decide to proceed.
What will I need to provide?
Usually some basic details about your existing pensions. The adviser will tell you exactly what they need once they are in touch.
What if my pension is already fine?
Then you will know that, which is valuable in itself. A review is not about changing things for the sake of it – it is about being sure.
I have several old pensions – can they all be reviewed?
Yes. An adviser can look at everything together, including older pensions you may have lost track of, so you get one clear picture.
Find out where you stand.
An FCA-authorised adviser can help you understand:
- What you are paying in charges
- Whether your pension is on track
- How your old pensions all fit together
- Whether anything needs to change
It is free to enquire.