Pension Advice Coventry

Why should you get independent pension advice?

Unbiased, personalised advice

We work for you, not a pension provider. Every recommendation is tailored to your unique goals and financial situation.

Maximise your retirement income

We help you make the most of your savings — from tax planning to choosing the right drawdown strategy.

FCA-regulated, local support

Our advice is fully regulated and we’re based right here in Coventry — meaning you can count on trustworthy, face-to-face service.

Peace of mind for the future

Know exactly where you stand, and what steps to take, whether you’re 10 years from retirement or just around the corner.

Whether you’re approaching retirement or just starting to plan ahead, understanding your pension options is essential. We provide independent, FCA-regulated pension advice in Coventry, helping you make smart, informed decisions that align with your goals.

Based in Coventry, we proudly provide pension and retirement planning services across:

Earlsdon, Tile Hill, Coundon, Binley, Cheylesmore, Kenilworth, Leamington Spa, Warwick and the wider West Midlands

We’re not tied to any providers, so our recommendations are always tailored to your best interests. We break down your options in a way that’s easy to understand and act on.

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Combining multiple pension pots

Bring your pensions together into one place to simplify management and potentially reduce fees.

Understanding your retirement income options

From annuities to flexible drawdown, we’ll explain your choices and what they mean for you.

Accessing your pension tax-efficiently

Understand how to take income or lump sums in a way that minimises your tax liability.

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Frequently asked questions

Are uk pensions taxed?

In the UK your State Pension is taxable as earned income, much like your salary. It’s paid ‘gross’ every four weeks – in other words, without any tax deducted. Any tax due is collected from any other source of earned income you have. In the tax year 2025/26 the new State Pension is £11,973 a year.

You’ll still receive your personal allowance each tax year. This is the amount of income you can receive before you pay tax. The standard personal allowance is higher than the State Pension, which means you won’t usually pay any tax if this is your only income.

When you want to access your personal pension savings, the tax you pay could vary depending on the way you choose to withdraw your money.

Can I combine my pensions?

Yes you can. However, not all pension types can or should be transferred. It’s important that you know and compare the features and benefits of the plan(s) you are thinking of transferring.

It can be a complex decision to work out whether you would be better or worse off combining your pensions.

We offer free advice on whether you should consider combining your pensions. Book a callback with us today.

What are the best pensions?

One of the most important factors when choosing a pension provider is the fees that it will charge – if they are too high, they can whittle down your pension pot and therefore your retirement income.

Another important factor to consider is the range of investment options available. Some pension providers will limit the choice of funds and shares you are able to invest in – depending on the control you would like to have over your retirement pot, this may or may not be an issue for you.

As independent pension advisers, we can assess the pension platform and fund will best suit your needs.

How do private pensions work?

The terms ‘private pensions’ or ‘personal pensions’ usually refer to pensions set up by an individual, rather than through an employer or workplace.

You can set up a private pension with a dedicated pension or investment provider and then make regular or lump-sum contributions.

A private pension is a retirement savings plan separate from the state pension
Workplace and personal pensions offer tax benefits and help individuals save for retirement
Pension contributions receive tax relief, with an annual limit of £60,000 or 100% of earnings
Currently, from age 55, 25% can be taken from your private pension tax-free, with the rest subject to tax. From April 2028 this will change to 57.