Use of Financial Advisor when choosing pension options

I've just received a retirements option pack where it recommends seeking professional financial advice prior to completing it. The first section of the document is "to be completed by your financial advisor" which would suggest that I need to appoint one to progress the completion of the form. The accompanying ARF form also requires the signature of a financial advisor.

I would like to think that I'm reasonably financially astute and know exactly what I want to do with my pension pot and don't see the need to involve a financial advisor, but the forms would seem to suggest otherwise. Is it not possible to progress the application without the use of a financial advisor?

The maturity claim form for the pre-retirement product doesn't need to be signed off on by an advisor. The name, intermediary number etc. that would go on this would usually be the advisor/intermediary that you're using to buy the post-retirement product (ARF) from.

You have to buy the ARF through a regulated entity/intermediary. Be that on an execution only basis or with a dollop of advice.

Do you know what the costs of the ARF you're buying are?

GSheehy said:

Do you know what the costs of the ARF you're buying are?

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Thanks for clarifying. Its early days in relation to deciding what ARF to choose at the moment.