In July 2020, the FCA’s new platform rules came into force and in this session we seek to understand it better.
Learning objectives
In this session we covered…
- An overview of the key themes and trends from 2019
- What the new rules are about/mean and have to think about
- Due diligence top tips
- What to expect in 2020
- A live demo of the platform analyser
- What other bits of kit are out there and what we like/don’t like about them
A second exploration of FE and what paraplanners can do with it.
Learning objectives
In this session we covered…
- FE’s calculators on ex-ante charges and RIY
- Account admin and archiving Bespoke report builder
- Saving a favourite list of indices and to top it all off, charts, charts, and for the fun of it, more charts
Exploring everything paraplanners need to know about cash management.
Learning objectives
In this session we covered…
- Overview of the cash market
- What are challenger banks and what’s their impact been?
- Why advisers do and don’t advise on cash
- Some common planning scenarios
- What is Octopus cash, who uses it and why
A follow up session to our personal development skills day.
Learning objectives
In this session we covered…
- Personal development books and recommendations
- Action plans
DFM due diligence is a core task for many paraplanners and we explore that task here.
Learning objectives
In this session we covered…
- FCA and regulatory expectations
- Agent as client and the implications
- The difference between “research” and “due diligence” – and why it matters
- The various types of DFM service
- How these fit different PROD customer segments
- Establishing what’s important to the adviser and the client, and the questions you should ask
- Undertaking DFM due diligence
- The DD|hub approach Evidencing assessments and ongoing review under PROD
Ever wondered what goes on behind the scenes at FOS and how it affects you and your role? We’re joined by FOS veteran, Chris Wells who now runs his own consultancy IFAs Included, to make sense of it all.
Learning objectives
In this session we covered…
- Learning points from FOS decisions
- Client and FOS friendly versus compliance and FCA friendly
- The importance of soft facts in a file and suitability report
- Challenging advisers where there’s insufficient soft facts for the paraplanner to do their job well
- Why next of kin often complain to FOS
Ever wondered what goes on behind the scenes at FOS and how it affects you and your role? We’re joined by FOS veteran, Chris Wells who now runs his own consultancy IFAs Included, to make sense of it all.
Learning objectives
In this session we covered…
- Learning points from FOS decisions
- Client and FOS friendly versus compliance and FCA friendly
- The importance of soft facts in a file and suitability report
- Challenging advisers where there’s insufficient soft facts for the paraplanner to do their job well
- Why next of kin often complain to FOS
FE Analytics is one of the most popular tools in the paraplanning community, so we are happy to be joined one of the FE team to explore some of its features.
Learning objectives
In this session we covered…
- How to build a portfolio
- The importance of setting portfolio weighting dates
- Aligning portfolio asset mix to suggested allocation
- Representing cash in analysis and portfolios
- Ex-ante costs and charges calculator
- Account admin
For paraplanners who are want to build an advanced knowledge of investment bonds and how they work.
Learning objectives
In this session we covered…
- Disregarded assets
- Updated top slicing guidance
- Maximising top slicing advantage with detailed case study
- Time apportion relief (pre and post 2016)
- Planning for UK resident non-domicile clients
- Bonds and retirement income strategies
For paraplanners who are want to build an intermediate knowledge of investment bonds and how they work.
Learning objectives
In this session we covered…
- Part surrenders vs full surrenders
- Tax due dates
- Combining part and full surrenders
- Policy years and tax years
- Deficiency relief
- Loss of personal allowance
- Recent Court rulings on ‘disproportionate’ cases
- Personal portfolio bonds
- Assignments
- Loans