- Home
-
Professions We Cover
-
- Professional Insights
- My Account
- Payments
Protecting pension consultants from under £55* per year
Not on comparison sites — save money by coming direct to us
Get a QuoteOur standard cover is:
Professional Saver offers pension consultant insurance starting from just £55* per year. Get your no-obligation quote today and join the many businesses we have protected.
Our standard cover includes:
As a pension consultant, comprehensive insurance is crucial to protect you when providing financial advice to clients planning for retirement. Our professional indemnity insurance covers you against claims if a client loses money due to your recommendations.
For example, you could face substantial pay-outs if inappropriate pension scheme advice leads to loss of expected retirement incomes.
Our policies provide complete peace of mind that any claims caused by your pension consultancy advice will be handled professionally and efficiently.
Save on your insurance Customers are always telling us how much they saved by switching
Trusted for over 40 years We’ve been providing insurance to businesses since 1984
Financial Strength Insurance provided by a Standard & Poor’s ‘AA- Stable’ rated insurer
Our Professional Saver Insurance (Covea) has been independently rated 5 Stars by Defaqto – the highest possible rating, awarded to excellent products with a comprehensive range of features and benefits.
Employers Liability Business Contents & Equipment 
Personal Accident Short Term Income Protection Professional Indemnity* * Due to the specialist nature of your profession, we’ll arrange a separate policy for your professional indemnity cover to complement your Professional Saver policy. Please get a quote online for the other covers you need and contact us to discuss your personalised professional indemnity quotation.
Complete our simple quote form with basic details about your business.
Get an instant quote & choose any optional covers you may need.
Instantly activate your Professional Saver policy and view your certificates online.
Pension consultant insurance protects retirement planning advisers against claims due to errors, omissions, or negligence in their guidance. It shields against compensation pay-outs if flawed pension recommendations cause financial loss.
This insurance covers pension consultants’ liability for:
Adequate coverage is essential for pension professionals because small mistakes can potentially lead to the loss of substantial retirement savings. This insurance protects livelihoods by covering resulting legal costs and compensation claims.
Pension planning is complicated, with rules and best practices constantly evolving. Consultants can easily make mistakes, leading to reduced incomes in clients’ golden years.
Without adequate insurance, just one error could see pension consultants facing major pay-outs to compensate for the financial future they have damaged. Our specialist policies provide complete protection if your pension advice leads to loss of client assets or retirement income.
Our pension consultant policies can provide protection against:
We will take you through all available options as part of the online quote process.
Our pension consultant insurance covers all core advisory activities like:
We cover most major claims scenarios, including loss of income in retirement due to suboptimal pension plans. Our policies aim to provide complete protection for pension consultants.
With over 35 years of experience, Professional Saver is a trusted choice to protect your pension consultancy, with key benefits like:
Get your fast online quote today, and let us protect your livelihood for as little as £54* per year.
* Total number of live policies as of 31/10/2025
Insurance is critical because flawed pension advice can severely reduce clients’ retirement income. As pensions are complicated with regular rule changes, the risk of consultancy errors leading to client financial loss is a real possibility. Our policies cover resulting claims – without them, consultants could face substantial pay-outs personally.
We cover all core pension consultancy activities, including:
Essentially, we cover claims resulting from any flawed pension guidance reducing client retirement funds.
Typical claims covered include:
Yes, our specialist insurance is designed for the full spectrum of pension guidance – from individual retirement planning to trustees of large workplace and executive pension schemes.
From only£55per year From only£55per year From only£55per year 
From only£55per year From only£55per year From only£55per year From only£55per year 
