Unlike the guidance services above, financial advisers can offer you professional advice on financial decisions. In order to operate, they must be authorised by the Financial Conduct Authority (FCA). This means they have to agree to a certain level of standards and you can get additional support through the Financial Ombudsman Service or Financial Services Compensation Scheme if things go wrong.

Liverpool Victoria (LV)

Liverpool Victoria (LV) has been chosen as the preferred partner to give RPS members access to financial advice. They balance the cost and quality of advice. 

LV is regulated by the FCA, covers all areas of pension and financial advice and has a dedicated team, with specific knowledge on the Scheme.

LV can be contacted on 0800 023 4187.

You can also choose your own Independent Financial Adviser (IFA). Just make sure you understand all of the potential costs for their services upfront before making a decision.

Unbiased

You can find a register of Independent Financial Advisers (IFAs) at unbiased.co.uk. An IFA will help you understand your pension, the options available, and how to manage your finances. 

By using Unbiased you can:

• get contact information for IFAs in your area, including pension specialists
• be matched with a suitable adviser based on what you need help with

All IFAs listed on the site are registered with the Financial Conduct Authority and the first meeting is typically free.