Pensions Advisor

Pension’s advisers provide advice and information on pension’s provision for individuals and organizations. This can include both potential new customers and existing customers. Pension’s advisers may work for large financial services companies, organizations with their own pension’s provision, pensions providers within the public sector or specialist pensions consultancies.

Supporting individuals and organizations to provide for their future financial security requires a combination of excellent interpersonal skills, good numeracy skills, up-to-date knowledge of the financial services sector and an understanding of pension’s legislation.

The role also demands a good understanding of: investments, tax, the social security system. Specific activities will vary according to the role, differing, for example, between jobs in the public sector and those in the private sector. There will also be differences if a job has a sales focus or is more focused on providing advice for existing customers.

The latter may want to amend their pension provision or they may be near to retirement or already in receipt of a pension. Pension’s consultants offer pensions provision to other organizations and advise, therefore, on the best form of pensions provision for the organization as a whole to provide to their employees.

Tasks may typically involve: advising members of the public or employees of an organization about providing for their future retirement, advising companies on how to provide for their employees, communicating complex information to clients to make them aware of their options and to help them assess the relative merits of different schemes, keeping up to date with developments in pensions legislation.

Analyzing and interpreting complex financial information and making reasoned decisions based on a range of data. The role may also involve advising on other areas, such as mortgages, life insurance and employee benefits, under the more general job title of financial adviser.