We know not everyone wants to get ‘traditional’ financial advice in the lead-up to their retirement (our research tells us so).
So we’ve teamed up with LV= to provide you with guidance and advice options to help you plan for your retirement.
What’s on offer?
- A retirement income calculator with a free guidance report, to give you general information about your options at retirement
- An online advice service at a special price of £49 for our members (normally costing £199), to give you personal recommendations from an expert financial adviser
Why partner with LV=?
B&CE (provider of The People’s Pension) offer retirement products like your pension scheme, but we can’t provide advice.
LV= is a retirement specialist at the forefront of finding innovative ways to make it easier for people to take advice.
We recognise that our members could benefit from some alternative guidance and advice options – so LV= is a natural partner.
Get the most from your pension pots
You have the freedom to choose how you access your pension pot and how to take your income in retirement. It’s an important financial decision.
When planning for your retirement, it’s a good idea to think about all of your pension savings (not just your pot with us). And you might want to get advice on whether combining all your pension pots into one is the best option for you.
The table below shows the different retirement tools and services that LV= offer, which you can access as a member of The People’s Pension.
iWhat you’ll need to hand
- Retirement income calculator and guide – nothing in particular
- Online advice service – before you get started, see our checklist »
|Retirement income calculator and guide
|Online advice service
(£49 one-off cost)
|Secure online system to enter your details|
|Provides a report suited to your circumstances|
|Provides suggestions for how to access your pension pot|
|Suitable for people with pension savings of £15,000 – £150,000|
|Suitable at any point in your retirement planning|
|Only suitable if you’re within 3 months of wanting to access your pension savings|
|Suitable for people seeking guidance|
|Suitable for people seeking advice|
|Authorised by a financial adviser|
|Includes a telephone conversation with a financial adviser|
|Provides full, professional advice including recommendations on suitable products from a panel of leading providers|
|Get started » or learn more||Get started » or learn more|