PETERBOROUGH FINANCIAL ADVICE

Average pension in Peterborough

Average pension in Peterborough

There comes a point in everyone’s lives when it makes perfect sense to seek financial advice about getting the most out of a pension pot. Even if you are one of those folks who has managed their own finances all their lives, there might still be more retirement funds to be gained from seeking out a little expert advice at the right time.

You’ll be pleased to hear that that’s exactly why we’re here: to connect you with a financial advisor in Peterborough so you can make the most of your financial situation ahead of retirement.

In the East Midlands, we know from our research that people:

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

With the help of an expert, you should be able to think about easing yourself into retirement instead of worrying about where it will leave you financially, whether you want to spend it in Peterborough or not.

Property market in Peterborough

When it comes to the housing market in the East Midlands area, the average price of a house comes in at £226,846, which equates to an annual increase of 14.3%. This could present a good opportunity for many homeowners who are planning for their retirement.

Many people in the area downsize their properties in preparation for retirement or consider equity release. These options can help free up cash that you would otherwise quite literally be sitting on and may, in turn, make your later years more financially comfortable than you previously thought possible.

By speaking to a professional pension advisor, you’ll be able to quickly get to grips with all the options available to you and make the most of the years you’ve worked all your life to enjoy.

Where do people in Peterborough retire to?

Financial advice in Ufford, Peterborough

Ufford

There aren’t many places like Ufford when you consider the combined convenience and tranquility of its location. It’s far enough out of the city, close enough to the A1 and right next to a farm shop, a traditional pub and plenty of greenery, including a nature reserve, so there’s every reason to want to call it home.

Financial advice in Orton Wistow, Peterborough

Orton Wistow

Can you imagine having Ferry Meadows in Nene Park as your garden? OK, not quite, but amazing walking routes, horseback riding and lakeside picnics are only a short walk away from homes in Orton Wistow (or Orton Waterville, for that matter). What’s more is that Peterborough itself is only a couple of miles east of this desirable area.
Financial advice in Yaxley, Peterborough

Yaxley

Head south of Peterborough for about four miles and you’ll be in the popular village of Yaxley, which boasts an array of friendly, welcoming pubs and cafés and a local football side, should that pique your interest. It’s ideally situated to the east of the A1, so you can drive to Cambridge in under an hour from Yaxley, too.

Why getting financial advice is important

Rainy days have an annoying habit of creeping up on us. Sudden illness or a broken boiler can spell disaster for your savings and financial goals. That’s where thinking ahead can pay off. If you’re keen to make the most of your hard-earned money, working with a financial consultant or advisor in Peterborough can help.

An advisor has the financial expertise to help you make your money work harder, by supporting you to:

  • Take advantage of tax relief
  • Make informed decisions on your investments
  • Build a solid plan to achieve your short, medium and long-term goals
  • Avoid financial pitfalls and plan for rainy days

We can help you take the first step towards financial advice if you think working with an expert could benefit you. The advisor partners we work with have decades of knowledge and we can match you with the most qualified expert for your needs in seconds. Tell us the type of advice you need and your contact details, and we’ll do the rest!

Our service

Local Financial Advice’s free advisor matching service connects people all over the UK daily with FCA-regulated experts. Wherever you’re based in Peterborough, we’ll match you with the financial advice expert that’s right for you.

So whether you are looking for advice on your retirement plans, investments, wealth management, financial planning or thinking about your long-term financial future, we can help put you in contact with a trusted financial advisor who will listen to your needs.

Learn more about how we help you connect to local financial advice experts, how our free advisor matching service works and why over 900 happy customers rated us Excellent on Trustpilot.

Click to Find a Financial Advisor in Peterborough

FREQUENTLY ASKED QUESTIONS

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.