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?
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
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…
- What makes up a protection policy?
- Jargon busting – all the different types and options
- What’s the craic with Vitality?
- How much is enough and how to compromise/prioritise
- Presenting options to clients What does a good protection review look like?
This is a deep dive into bond gains and planning tips.
Learning objectives
In this session we covered…
- Refresher on the chargeable gains regime
- Impact on personal allowance
- Order of income in the tax calculation
- Surrendering more than one bond in a tax year
- Mixing on and offshore gains
- Tax planning with under 18s
Like a good research and analysis tool? Ever wondered what other people are using? Well, now is your chance to find out as our panel share what tools we like and those we don’t like.
Learning Objectives
In this session we covered…
Tools, websites and resources for:
- Fund research
- Wrapper and product research
- Financial planning
- Technical research
If you’ve just started trying to get your head around CRPs, or are some way along the journey of implementing one, then this is for you.
Learning Objectives
In this session we covered…
- Recap on CRP v CIP and how they are used
- What are the important trends and developments in CRPs from NextWealth’s report and what do they mean for paraplanners?
- What impact has COVID had on adoption and use of CRPs?
- Cash buffers/bucket/layering and the alternative options
- Sequencing risk – what was it like to experience real volatility?
- Withdrawal strategies
- Tools and software that paraplanners and advisers are using
- Client segmentation and regulatory update (hello PROD)
- Legacy and later life planning as part of a CRP
- Practical experience and tips
Curious about stochastic modelling? We’ll tackle the questions evryone should ask about stochastic modelling.
Learning Objectives
In this session we cover…
- Deterministic and stochastic forecasting and their differences
- What are the underlying assumptions?
- Historic data versus future expectations
- Framing, anchoring and managing client expectations
- How does this fit into the financial planning process
- Do we need it?
Exploring tax efficient retirement income strategies and keeping CGT in order.
Learning Objectives
In this session we covered…
- What tax matters to consider for pensions
- Which tax wrappers, in what order?
- Keeping CGT in order
- What the DFM has that got to do with CGT?
- Making sense of the numbers with CGT (calculations)
Paraplanner productivity hacks and ideas for process improvements.
Learning objectives
In this session we covered…
- Managing your time and your inbox (not just hitting delete)
- To do lists and prioritisation
- The art of delegation
- Tracking time – tools and tips
- How to focus – setting yourself up for success
- Procrastination: How not to!
This video covers the essentials for those of you trying to get your head around Centralised Retirement Propositions, or are some way along the journey of implementing one.
Learning objectives
In this session we covered…
- What is a CRP and how is it different to a CIP?
- The context to CRPs including PROD, the Retirement Suitability review and Dear CEO letters
- Where a CRP can help
- How firms use CRPs
- What can you include in your CRP