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
For many clients, trusts will be the backbone of their estate planning. In this session we explore how trusts can be used effectively in estate planning.
Learning objectives
In this session we covered…
- How different types of trusts work, and how they fit with clients’ needs.
- Using trusts and Business Property Relief together.
Exploring three of the most popular estate planning strategies – gifting, trusts and business property relief.
Learning objectives
In this session we covered…
- The pros and cons of gifting, trusts and business property relief.
- The broader inheritance tax landscape, including recent legislation changes like the residence nil-rate band.
- Three planning scenarios where taking a holistic approach worked out best for clients.
Understand the quirks of the Residence Nil Rate Band that can catch an unwitting paraplanner out.
Learning objectives
In this session we covered…
- What does it apply to?
- Who does it apply to?
- Limits on the relief
- How the relief is applied
- The impact of trusts
- Downsizing rules
- Transferability
- Planning opportunities.
Sharing practical tips and experience on how to build and run a paraplannning team.
Learning Objectives
In this session we covered…
- Career development path
- Balancing technical skills within a team
- Relationship management and development (between adviser, director, paraplanner, administrator, client – contracting)
- Dealing with tricky customers, advisers, team members
- Workflow management
- Developing your own skills as a team leader
- Getting buy in from the business owners/advisers and the other paraplanners for your role
A review of FICs to highlight considerations when choosing to create an investment company.
Learning objectives
In this session we covered…
- A review of FICs to highlight considerations when choosing to create an investment company.
Is passing the pension fund directly on to the spouse/next generation the best option for all clients?
Learning objectives
In this session we covered…
- Is passing the pension fund directly on to the spouse/next generation the best option for all clients?
Looking at the tax and admin problems that trustees face.
Learning objectives
In this session we covered…
- Is passing the pension fund directly on to the spouse/next generation the best option for all clients?