Whether you’re thinking about transferring out, planning for retirement or if you’ve had a major life change, you might want to speak to an independent financial adviser about your situation.
They’ll ask lots of questions about you, your money and your pension. But to make the most of your sessions, you’ll want to make sure you’re asking the right questions, too.
It’s sometimes hard to know where to start, so here are some suggestions.
Financial advisers often offer a free initial meeting to understand your needs and explain their services and fees. And how much they charge depends on various factors, including the type of advice you need, how you prefer to pay, and other specific conditions.
You could pay in different ways depending on the adviser – it doesn’t have to be hourly. So, you could pay monthly, ongoing as and when you need advice or pay upfront for a set piece of work.
It might be best to speak to a few advisers to see what best suits you. Remember, you can use the free initial meeting to chat through any payment options – after all, the most important thing is making it work for you, and your financial situation.
To read more about, visit Money Helper’s guidance about adviser fees.
Remember: From scheme booklets to fund factsheets, you can find everything you or your adviser might need around your Citi pension on the designated section of MyCitiPension.