A Retirement Adviser plays a pivotal role in helping individuals secure a financially stable and comfortable life post-retirement. As life expectancy rises and traditional support systems such as joint families become less prevalent, the responsibility for post-retirement financial security increasingly falls on the individual. A Retirement Adviser is a professional registered with the Pension Fund Regulatory and Development Authority (PFRDA), who offers retirement planning services in a structured, regulated manner. Their core responsibilities include assessing a client’s financial situation, identifying retirement goals, and suggesting suitable investment avenues like the National Pension System (NPS), annuity products, mutual funds, and other long-term instruments. They also provide advice on risk management, inflation protection, and tax optimization strategies.

What sets a Retirement Adviser apart is their fiduciary duty—they must always act in the best interest of the client. This includes offering unbiased advice, full disclosure of fees and commissions, and periodic reviews of the retirement plan. Retirement Advisers cater to a wide spectrum of clients—from salaried employees to self-employed professionals and business owners.