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Determining if you need pension advice involves a few specific considerations. Here are some signs that might suggest seeking professional guidance is a good idea:

1. Complex Financial Situation: If you have multiple pensions, investments, or other income sources, managing them effectively can be challenging without expert help.

2. Changing Jobs: If you're switching jobs or considering cashing out a pension, understanding your options can be complicated.

3. Retirement Goals: If you’re unsure about how much you need to save for retirement or how to structure your withdrawals, advice can help clarify your strategy.

4. Tax Implications: Understanding the tax consequences of pension withdrawals and how they fit into your overall tax strategy can be complex.

5. Market Conditions: If you're worried about how market fluctuations might impact your retirement savings, a professional can offer insight and strategies.

6. Life Changes: Significant life events—like marriage, divorce, or health issues—can affect your financial situation and retirement plans, making advice beneficial.

7. Investment Knowledge: If you're not confident in managing investments or navigating pension options, seeking help can be a smart move.

If any of these resonate with you, it could be worthwhile to consult a financial advisor who specialises in pensions and retirement planning.

The process is simple.

1. Enter your postcode.

2. Enter a few details and what you would like help with.

3. Connect with a pension specialist.

The initial assessment and consultation with an advisor are generally free and carry no obligation.

You have several options with your pension including:

• Leave your pension untouched to grow further

• Cash in your entire pension

• Withdraw smaller lump sums or income

• Enter flexible pension drawdown/withdrawal

• Buy an annuity – (a guaranteed income for life)