LGFA advice

Initial advice

We offer high quality financial advice on an independent basis, delivered by qualified and regulated pension experts. Our financial advisers will gather information on the pension savings you hold with Legal & General, and any other pensions, assets and savings you have. They will advise upon how much income you could receive at retirement and discuss your options for taking that income from your pension savings, using products such as flexi-access drawdown and annuities from a selection of reputable providers, including Legal & General. Advice recommendations will consider where your pension is invested (funds) and whether pension consolidation might be appropriate for you (bringing multiple pensions into a single pot).

You may be able to pay for advice services directly from your pension pot, depending on your scheme rules. This is called a Facilitated Adviser Charge (FAC), and you must have enough money in your pension pot to pay for this.

Ongoing advice

Once you've received your initial financial advice, you’ll have the opportunity to schedule an annual review 12 months from the initial advice, or contact us for an ad hoc review where your circumstances require. The financial adviser will explain the details of this service and any relevant charges, during their recommendation meeting.