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?
Join our paraplanning panel as they discuss how they approach cash flow planning.
Learning Objectives
In this session we covered…
- We’ll be using CashCalc and Voyant again
- We’ll do a deeper dive into hows to start building a cash flow (bring your armbands)
- We will also look at scenario planning, assumptions, problem solving and capacity for loss in more detail
- And like always, you can ask questions and share tips with fellow paraplanners
Think of this as your Paraplanners Protection Toolkit, perfect for:
Anyone with limited protection experience Anyone who wants to increase their understanding and want to introduce more protection into client plans Anyone who thinks they know it all but wouldn’t mind brushing up a little
Learning objectives
In this session we covered…
- Potential protection pot-holes and how to go about troubleshooting them
- The practicalities of putting a policy on risk
- Replacement business
- Common problems and solutions
- A look at specialist areas of protection
- COBS and ICOBS
- Best practice Suitability reports