For paraplanners who are want to build a basic knowledge of investment bonds and how they work.
Learning objectives
In this session we covered…
- Life assurance vs capital redemption bonds
- Jurisdictions: Isle of Man vs Ireland
- Brexit (arghhh)
- Who needs a bond?
- Tax within the bond
- Tax paid by the bond holder
- Bond withdrawals
- ‘New’ top slicing rules
Explore the latest financial planning issues that paraplanners should be considering with regards to later life planning. We’ll also share some of the useful resources the Powwow community have uncovered on care fees planning and support.
Learning objectives
In this session we covered…
- Later life planning
- Useful resources
The ins and outs of investment research
Learning objectives
In this session we covered…
- How to read a long scan from FE Analytics. We’ve all looked at them but what does it all mean and what can we do with it?
- How to research a fund
- How to start building an investment policy statement
Protection sits at the heart of many financial plans and we explore the basics.
Learning objectives
In this session we covered…
- Why is it needed
- What are the solutions
- Practical insight into policy set up
- What happens when a claim is made
Paraplanners discussing anything what we’ve got on, what we’re thinking about, what’s worrying us.
Learning objectives
In this session we covered…
- What’s the trickiest case you’ve worked on recently and how did you deal with it?
- How do you manage your workflow?
- What’s the best source for CPD?
- What top trick/tip can you share?
Develop a deeper understanding Centralised Retirement Propositions (CRPs).
Learning objectives
In this session we covered…
- What is a CRP – is it a CIP with a different name?
- Who is it right for?
- Building a process and strategy
- Tools and stress testing
- Reviews
A review of the different approaches taken by platforms to showing charges
Learning objectives
In this session we covered…
- The key points from the lang cat research of what the main platforms are doing – which you can read here (and we really recommend you read it before the Howwow)
- Discuss the level of control for adviser/paraplanner to determine when statements are run and sent
- What content is in them and how is it presented (we’ll be looking at some real examples)
- What happens if a client has assets on different platforms
- Impact on client relationships
- What the press are likely to say about it
A deep dive into the suitability requirements introduced by MiFID II
Learning objectives
In this session we covered…
- Changes in the nature and timing of suitability reports
- When they’re needed (not just with a new product)
- Periodic assessment of suitability
- Replacement business and costs
- Client understanding vs risk warnings
- Use of appendices and enclosures
Business Property Relief (BPR) is a well-established investment incentive and estate planning tool so we’ll take a closer look at BPR-qualifying investments and how they can complement other inheritance tax planning strategies.
Learning objectives
In this session we covered…
- The types of clients who could benefit from BPR-qualifying investments
- Researching the right provider for your client
- Due diligence
A chat with some of the Australian paraplanning community. We’ll be looking at the state of paraplanning in each country and what we can learn from each other.
Learning objectives
In this session we covered…
- What does being a paraplanner mean in both countries
- Professional bodies, exams, CPD, awards and minimum standards
- Software and report production
- Supply and demand (inc outsourcing)
- Why the Powwow was set up and is there anything like it in Australia?
- Offshoring, AI and the ‘threat’ of robo-paraplanners
- What we think the future looks like