With the ISA allowance now at £20,000, when an investment matures or you receive an inheritance, a lump sum from a pension, or a generous redundancy payment over and this allowance, you may need to consider investing into funds or other investments on a direct basis.

The Pensions Dashboard - A central register would show every old pension and perhaps also a link into the State Pension, thereby giving people some inkling of what they might have in their pot now and therefore at least a clue toward how much they might have by the time they look to retire. 

Your attitude to risk and resulting investment choices will change over time. That’s why it’s important to regularly revisit your risk profile and make sure investments are selected to suit your capacity for loss.

Financial advisers come in all shapes and sizes. How do you choose the right one for you? Asking the right questions is the first step.