Three technical experts answer a whole range of technical questions asked by paraplanners.
Learning objectives
During the session we covered…
- How does the National Insurance increase impact salary sacrifice pension contributions?
- How are bond withdrawals taxed after 20 years?
- Will the cut to income tax affect onshore bonds?
- Trends: What technical issues are the experts seeing in their inboxes, and how do they answer them?
- Tax issues
A back to the basics on inflation and what it means for paraplanners.
Learning objectives
During the session we covered….
- What is inflation?
- What is it made up of?
- Why has it gone up so much, so fast?
- What do we think will happen in the future?
- How it affects assumptions and cash flow planning
An exploration of the factors paraplanners should consider when planning for couples.
Learning objective
During the session we covered…
- Examples from other professions on working with couples
- An overview of the new Consumer Duty rules (currently in consultation)
- Why it’s important you know who you are working with and how to know
- Considerations around partners who are passive in financial decision making
- Where gender bias can play into risk discussions The dynamics introduced age, longevity, divorce and same sex partnerships and marriage
A large number of clients have an objective to pass their wealth on to the next generation or generations. We explore the issues paraplanners should be thinking of when creating a suitable strategy.
Learning objectives
During the session we covered…
- Gifting during life vs gifts made after death
- Access and control
- Using the right tax wrappers
- Trusts Investment strategies
A festive wrap up with a paraplanner quiz to boot.
A deep dive into Family Investment Companies.
Learning objectives
During this session we covered…
- Budget announcements
- Family Investment Companies
- What the dividend and national insurance changes mean
A deep dive into trusts and how they are taxed.
Learning objectives
In this session we covered…
- Settled property grossing up and additions
- Discounted gift and loan trusts
- Planning opportunities
- The order of gifts
A deep dive into the Relevant Property Regime
Learning objectives
In this session we covered:
- Relevant Property Regime
- 2006 changes
- Entry charges
- Exit charges in the first 10 years
- Principle charges (periodic and 10 year)
- Exit charges after 10 years
Why are we so beguiled by risk questionnaires? Most paraplanners and advisers use a risk profiling tool as part of their suitability process but are they the right tool for the job?
Learning objectives
In this session we covered…
- What are risk questionnaires trying to achieve?
- Is a psychological approach the right approach?
- Why is loss aversion the crucial question?
- Is there an alternative way?
- What about capacity for loss?
- How does risk mapping work?
Retirement income has become a hot topic of conversation amongst clients, firms and the regulator, with much of the focus being on defined benefit advice.
Whilst there is little doubt that many of the principles outlined in recent guidance should be part of any retirement advice framework, in this session we look at the real world application, taking into account client behaviour and understanding.
Learning objectives
In this session we covered…
- What should paraplanners take from recent FCA guidance?
- Will DB principles be coming to the DC world?
- How to ensure good client outcomes
- What does a robust retirement advice framework look like?