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Page 5 of 5
Pensions for Senior Managers
4. Getting Advice
4.1 You should always seek professional advice when setting up a retirement scheme or assisting employees in making pension arrangements. Before contacting a fee-based adviser, basic information can be obtained from:
- The National Association of Pension Funds (020 7808 1300).
- The Pensions Advisory Service (0845 601 2923).
- The Pensions Regulator (0870 606 3636).
- HM Revenue & Customs (0115 974 1600).
4.2 Employers should consider paying for financial advice for employees.
- Pensions advice worth up to £150 a year can be offered as a tax-free benefit to employees.
- Ensure that your adviser is regulated. Contact the Financial Services Authority to check.
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