If you are researching which pension product may suit you best, or if you are looking to transfer your pension to another provider, you may opt to see a financial adviser. They will issue you with a suitability letter or report, as required by the Financial Conduct Authority. This document will explain why certain products have been recommended to you and point out the pros, cons, and risks associated with each option. The suitability letter should also contain details of the costs involved, including adviser charges, as well as the next steps. Advisers are required to keep a record of their suitability reports for five years.