Financial planning service for over-50s launched

Scott Sinclair
clock •

A financial planning and investment service offering regulated advice, guidance and execution-only services to the over-50s has been launched in a joint venture between Tilney Bestinvest and Saga.

The service is targeting the estimated 12.5 million people who have no financial plan for retirement and has been launched with the backing of the Plain English Campaign for its 'jargon free' approach. Customers can "do it on their own" with free online and telephone support, take one-off guidance, or have a longer-term relationship with a professional adviser, the companies said. Initial adviser charges range from between 1% and 3% - depending on complexity - plus ongoing fees of between 0.75% and 1.25% per year. Service charges vary between 0.2% and 0.4% across the service's SIPP...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Companies

Chesnara buys £1.7bn assets MetLife UK closed-book business

Chesnara buys £1.7bn assets MetLife UK closed-book business

UK protection business not included

Jen Frost
clock 06 November 2026 • 1 min read
Dynamic Planner cuts DE&I lead

Dynamic Planner cuts DE&I lead

Amelia Grainger exits

Isabel Baxter
clock 05 November 2026 • 2 min read
Chester Rose adds £250m with Berkshire acquisition

Chester Rose adds £250m with Berkshire acquisition

Brings total assets under advice to £900m

Sophia Panayi
clock 05 November 2026 • 2 min read