Average pension in Leicester

Average pension in Leicester

Are you ready to explore ways to make your pension work harder for you? You’ve come to the right place to find a financial advisor in Leicester to help you on that journey.

On average, people in the East Midlands region:

  • Have an average pension of £125,428
  • Have a life expectancy of 80 years
  • Should expect a pension shortfall of £15,781

You may or may not fall in line with those averages, but what we’re probably safe in saying is that you want a retirement that’s comfortable, financially stable and thoroughly enjoyable. That’s where a spot of professional advice can come in to make all the difference.

If you’ve been at ease managing your own finances for years and you’re now ready to make sure you’re setting yourself up right for retirement, we can connect you with the most qualified financial advisor for your needs.

Property market in Leicester

If you haven’t considered the role your home could play in bolstering your pension fund, you might be in for a surprise. You could be sitting on equity that could reshape your retirement, as many people in Leicester have discovered in recent years. The average house price in the East Midlands region is £226,846, according to recent government data, and that represents an increase of 14.3% on the year before—a possible sign that this could be a good time for releasing equity from your home.

With the help of a qualified advisor, you could stand to gain from tax-free allowances to fund your pension, for instance. When you know that the first hour of that time with an advisor will be free, you know that there’s every reason to start getting your financial ducks in a row in time for your retirement.

Where do people in Leicester retire to?

Financial advice in Oadby, Leicester


While Leicester itself might be renowned for its youthful vibrancy as a university city, there are small towns like Oadby on the outskirts that fit the bill perfectly for those looking to retire. It boasts handy proximity to the racecourse, golf courses and country parks, so there’s plenty of greenery in the area, as well as easy access to a lively city centre.

Financial advice in Knighton, Leicester

South Knighton

On the other side of the racecourse lies the desirable suburb of South Knighton. When you look at the likes of Knighton Park, centuries-old stone and brickwork and the partially thatched pub roofs, it’s easy to see why it’s so popular amongst retirees in the area.
Financial advice in Newtown Linford, Leicester

Newtown Linford

On the fringes of both northwest Leicester and southwest Bradgate Park, Newtown Linford is one of the most sought-after villages in the area. It sits within the expansive Charnwood Forest, so there’s an abundance of countryside walks to take in, and it’s only minutes from the M1, which opens up the north and south of the country for those weekend getaways.

Why you should speak with an advisor

The help of a trusted financial planner can be a vital part of planning for a proper retirement. Without it, it’s easy to see how so many people come to realise they’ve underestimated the funds they need to achieve a certain lifestyle in their later years.

In reality, it’s very easy to get access to the financial advice you need. We can automatically connect you to the best-suited advisor to your requirements with only a few details that take seconds to submit.

Once we know what you’re after, you’ll receive an initial consultation for up to 60 minutes, completely free of charge. During the call, you can discuss anything from potential retirement options to your future cost of living with your expert. And if they think their services can be of use to you, they'll help you form a plan to achieve your financial goals for life.

There’s no catch either; your consultation is no obligation and you might even get the guidance you need inside the first hour.

Click to Find a Financial Advisor in Leicester


Do I Need a financial advisor Do I need a financial advisor

Do I need a financial advisor?

A financial advisor can offer valuable insight and expertise on a wide range of common financial concerns.

Key situations in which a financial advisor is likely to be valuable include:

  • Exploring your options during key life events such as retirement

  • Comparing quotes for pensions or insurance products

  • Investing large sums of money

  • Inheritance tax planning and intelligent saving

How much does an advisor cost How much does an advisor cost

How much does an advisor cost?

The cost of using a financial advisor can vary depending on your needs. You may be able to resolve your issues in a single consultation, or you may benefit from a more long-term collaboration.

At Local Financial Advice we're dedicated to providing a transparent and cost-effective experience for all customers:

  • Free, no-obligation initial consultation - Discuss your issues in detail and make a decision about whether you’d like to proceed before making any commitment.

  • Total transparency - Any costs associated with purchasing any product or service from your financial advisor will be broken down in detail.

How can I speak with my advisor? How can I speak with my advisor?

How can I speak with my advisor?

Many of the advisors we work with are flexible with how they can meet with you.

  • Your advisor will often try to first get in touch with you by phone to talk about the kind of advice you need.

  • If you decide to continue with their advice, advisors can meet you face-to-face. You can discuss any safety precautions the advisor should take if you arrange for them to visit your home.

  • Throughout your time speaking with your advisor, you may receive emails from them. These will often simply be to confirm your information or the details of future meetings you book with them.

Our Service Our Service

Is the advice one-off or ongoing?

The type of advice you need depends on your circumstances.

  • We encourage everyone we connect with an advisor to discuss their financial needs in detail so they can receive the right amount of advice.

  • You may only need one-off advice if you need help choosing a long-term product to support your retirement, such as an annuity.

  • If you need flexibility with your money, you may prefer ongoing advice from your advisor with you speaking every six months or year to see how your money is performing.

  • Whatever help you need, your advisor will clearly lay out the costs involved. These can be one-off costs or recurring, such as a fund management fee.