Does my £166k pension pot qualify for a financial adviser?

Q: Does my pension pot of £166k qualify for a financial adviser?

A: The simple answer is yes. To access financial advice, you need to have at least £100,000 invested with us (this can include your pension). So, your £166,000 exceeds the ‘qualifying amount.’

We offer one-off or ongoing advice. To decide if financial advice is right for you, it all starts with a free, no-obligation chat. This first conversation is simply about understanding what you’re looking for and whether our financial advice service could benefit you.

If you decide to go ahead, you need to know that financial advice is a paid-for service where an adviser gets to know your situation in detail and provides a personal recommendation that’s tailored to your goals.

• Learn more about our financial advice service

How advice differs from Wealth Management

Wealth Management works differently. This isn’t something you ‘buy’ as a standalone service. Instead, you automatically qualify for it once you hold over £250,000 with us (once again, your pension can count towards this).

When you reach £250,000, you have access to a dedicated relationship manager, invitations to exclusive events, lower fees on certain services, and a portfolio review to help you understand how your investments are positioned.

• Learn about Wealth Management

Got a burning question you want to ask? Why not drop us a line. Click here to ask your question.

• Read: Should I make voluntary National Insurance contributions?
• Read: Does unused pension tax-free cash grow with my investments?
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Important information - investors should note that the views expressed may no longer be current and may have already been acted upon. This information is not a personal recommendation for any particular investment. Eligibility to invest in an ISA and tax treatment depends on personal circumstances and all tax rules may change in the future. Withdrawals from a pension product will not be possible until you reach age 55 (57 from 2028). If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice.