Sarah Lord: £50,000 pot likely enough to warrant cost of pensions advice 

Speaking last night (21 February) on the Martin Lewis Money Show Live pensions special, Lord was asked by the eponymous journalist about what minimum level of pot would be suitable to take to a financial adviser. "Let us be plain about this," he warned. "If you have a £5,000 pension pot, you are going to be paying hundreds of pounds for advice so you would diminish the gain." Lord said there is "a whole myriad of things to consider", adding: "Broadly, from £50,000 and upwards is when you may well benefit from financial advice." The Cooper Parry Wealth chief client officer and IFA s...