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Footballers' finances: IFA secures deal to advise on players' pensions

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Footballers' finances: IFA secures deal to advise on players' pensions

Chartered financial planners Pro Sport Wealth Management has sealed a deal with the Professional Footballers’ Association to advise its members in the Championship and League Two.

The Bolton-based firm’s advisers, including former Accrington Stanley centre forward Paul Mullin and ex-Rochdale Football Club captain Gareth Griffiths, will visit the 36 clubs in the leagues twice a year to advise players on the PFA’s pension scheme.

Mullins, who joined Pro Sport Wealth Management in May after retiring from professional football, said he planned to also offer holistic and fee-based financial advice.

‘It is quite a complex pension scheme and there have been a lot of changes over the years,’ said Mullins (pictured far left), explaining that the age at which players could receive a pension had been raised from 35 to 55.

Pro Sport Wealth Management, which has around £160 million of assets under management, was established in August 2009 as an appointed representative of Bolton-based Independent Financial Advisor Limited.

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