There is a simple threshold of £30k – if your pension is less than this you have the option of not taking advice. However, if your pension is worth over £30k the government say that you need to take professional advice. This is to protect you and provide you with assurances that everything is done properly. Even if your pension is less than £30k in value – We would still suggest speaking to an adviser, they can help you to prepare for retirement or maximise the value of your pension fund and prepare for unforeseen events in your like.