Pension Adviser

Around 22.3 million employees in Great Britain are enrolled in a workplace pension. Yet at least 15 million Britons may not be saving enough to fund the retirement they want. The full State Pension for 2025/26 is £11,973 per year, and for many people that is simply not enough to cover lifestyle, healthcare, and leisure costs in later life.

Pension legislation, tax rules, and options change regularly. Professional advice can help you understand them. We cannot guarantee outcomes, but we will explain your options clearly.

The Retirement Income Gap Is Bigger Than You Think

Around 45% of working-age adults are not saving into a pension or not saving enough. Many retirees now spend 20 to 30 years in retirement, so your pension needs to fund decades of real life, not just a few quiet years.

Imagine starting your planning even five years earlier. Contributing more earlier may increase the size of your pension pot over time, but investment growth is not guaranteed and values can fall as well as rise. Advice can help you consider your options.

Our pension advice service is thorough. We look at everything that affects your retirement income and help you consider your options based on your personal circumstances.

Here is what working with our advisers includes:

• A full review of all existing pension arrangements, including lost or forgotten pots from previous jobs, so you can discover what you are entitled to
• Clear information on your pension plan options, contribution levels, and how to make use of available tax relief on personal contributions
• Support with pension transfers and consolidation where appropriate

We do not just hand you a report and leave. Our advisers stay alongside you as your life changes, whether that is a new job, a shift in family circumstances, or a revised retirement timeline.

How Our Financial Advisers Help You Understand Your Pension Benefits

A defined contribution pension, annuities, drawdown products, and employer schemes all work differently and carry different financial and tax consequences for your income. The number of choices is genuinely overwhelming for most people.

A financial adviser takes time to explain every option so you can make informed decisions without needing a background in finance. We look at what you have saved, what you are entitled to, and what you need, then give you clear recommendations you can act on. Understanding your benefits fully is what lets you plan with confidence. That personal support is one of the real benefits of working with a financial adviser, and the kind of pension advice that makes a genuine difference.

Pension transfers are not always the right move, but when they are, getting it right matters. Transferring to the wrong company, or at the wrong time, can mean you lose valuable guaranteed benefits that cannot be recovered.

Our financial advisers assess every transfer on its individual merits. We look at the existing scheme, the receiving provider, any benefits that would be lost, and the overall impact on your retirement income. We explain the potential benefits and risks of each transfer, including the loss of any guarantees.

Defined Contribution Pension Transfers and Tax Free Cash

For defined contribution pension holders, transferring between providers can open up access to better investment options, lower charges, or a more suitable retirement income strategy. Transferring also lets you consolidate pots from multiple providers into one place, which makes your retirement income much easier to manage and protect over time.

A financial adviser will walk you through the tax free cash implications before any transfer takes place. We explain the one thing most people miss: getting the timing wrong can cost you significantly. Call us by phone for an initial chat or complete our enquiry form and a financial adviser will be in touch.

Our advisers are regulated by the FCA through our principal firm, Rosemount Financial Solutions (IFA) Limited, and must act in your best interests and give suitable advice. Confidence in any adviser should be based on checking the FCA register and understanding how they are paid.

Transferring a pension is not suitable for everyone. You could lose valuable guarantees or benefits. Pension values can fall as well as rise, and you may get back less than you invest. Tax rules may change and their effect depends on your circumstances.

Retirement planning is not a single conversation. It is an ongoing process that adjusts as things change. At Prescient Wealth & Estate Management, our financial advisers treat it that way.

From the first meeting, we take time to understand your goals, your savings, your income needs, and your attitude to risk. We then build a pension plan that reflects all of that and revisit it regularly. Planning ahead is how you stay in control and how you retire with confidence.

Annuities and Drawdown: Helping You Decide What Fits Your Future

For many people, the biggest question is how to turn a pension pot into a reliable retirement income. The two main options are annuities, which pay a guaranteed income for life, and drawdown, which lets you access your money more flexibly over time.

Both have advantages depending on your health, other income sources, and how long your money needs to last. For example, some clients benefit from a blend of both to balance certainty with flexibility. The deals available to you depend on your age, pension size, and health. Our advisers talk you through all of it so you can decide with confidence.

Getting the Most from Your Workplace Pension Contributions

Employer contributions are essentially free money added on top of your own savings. Around 88% of eligible UK employees are enrolled in a workplace pension, but many only pay in at the minimum level and miss out on additional employer matching.

Our financial advisers look at your workplace pension alongside your other arrangements to help you understand the benefits available to you. A financial adviser can also review where your pension investments are held and whether the fund options align with your goals. Contributing more earlier may increase your pension pot over time, but growth is not guaranteed.

Initial advice fees commonly sit between £1,500 and £3,000 for straightforward cases. More complex situations involving pension transfers or inheritance planning can reach £3,000 to £8,000 or more. Ongoing financial advice is most commonly charged as a percentage of assets managed, with the market average between 0.75% and 1.25% per year. Some clients pay a fixed fee for a one-off review, while others pay an ongoing annual charge for continuous support. Hourly rates run from £150 to £300 per hour across the UK.

At Prescient Wealth & Estate Management, our fees are transparent from the start. You will always know what you are paying before any work begins. You can find further information on this website.

**Please note this is a rough guide and the actual cost will vary based on your financial situation, the complexity of advice required, and the service you choose. We keep an updated price list on our financial planning fees page but you need to contact us for an accurate quote.

We are an appointed representative of Rosemount Financial Solutions (IFA) Limited, which is authorised and regulated by the FCA. Our advisers hold the qualifications required to give pension advice and work to FCA standards.

Our clients come to us because they want to feel confident about their financial future. They want advisers who speak plainly, give impartial advice, and are genuinely invested in the outcome. That is what we deliver.

Our Advisers Stay with You for the Long Term, Not Just for One Session

There is a difference between a company that gives you pension advice once and disappears, and one that acts as a long-term financial partner. Prescient Wealth & Estate Management is the second kind.

Our advisers monitor your pension investments, stay across regulatory changes, and reach out proactively when something affects your plan. You do not have to wait for something to go wrong before we speak to you.

Free guidance through MoneyHelper and Pension Wise is a good starting point and we always encourage people to access it. But free guidance is not the same as regulated pension advice from a qualified financial adviser.

Guidance tells you what your options are in general terms. When a financial adviser takes on your case, they advise you on your specific position and manage your plan going forward, backed by professional accountability. That difference matters when you are making decisions about large sums of money that will pay for your lifestyle for potentially 20 to 30 years in retirement.

If you want to understand where your pension stands, the best first step is a conversation with our financial advisers. We offer an initial consultation with no obligation attached. Speak with a member of our financial planning team, ask any questions you have, and get a clear sense of what working with us would look like. There is no pressure to proceed and no charge for that first conversation.

Call us on the phone number displayed on this page or complete the online enquiry form and one of our advisers will be in touch. Prescient Wealth & Estate Management is here to help you retire well, with a pension plan you trust and the confidence to head into that next chapter with clarity.

Important: The value of your pension can fall as well as rise, and you may get back less than you put in. Tax treatment depends on your individual circumstances and may change in the future. Pension transfers are not suitable for everyone.