Pensioners not seeking financial advice
Research from Prudential reveals that only 17% of UK pensioners have visited a financial adviser for help with pensions and retirement income.
The survey looked at both income in retirement and accumulated savings.
Seeking pensions advice is essential if you want to maximise your pension income. Open Market Options (OMO) are a simple way to boost your income in retirement but so few people take advantage of it.
By talking your plans over with an Independent Financial Adviser (IFA) you could increase your income each and every year. IFAs will also review any investments you may have and make suggestions regarding tax efficiency and Inheritance Tax (IHT).
