CPD

All CPD content

Guide to Budget 2020

Explain the aims of Budget 2020
Identify tax changes made in the budget
Explain impact of Coronavirus on economy

Guide to Sipps

Describe some of the advantages of Sipps
Identify who Sipps would be suited to
Describe some of the investments allowed in bespoke Sipps

Defined Benefit

How DB transfer concerns highlight role of compliance

Identify weaknesses in compliance structures
Explain how compliance functions should work effectively
Explain how FCA concerns over DB transfers should be used as a wakeup call to predict other issues

Guide to year-end tax planning

Identify key ways to make tax-efficient investments
Explain how Isas and pensions are important to tax planning
Describe the key features in an EIS and VCT

Advisers bracing for big tax changes

Identify key tax targets vulnerable to budget changes
Identify the key benefits of BPR, VCTs and EISs
Explain how annual allowance and lifetime allowance have changed

Guide to Workplace Pensions

Describe the implications of auto-enrolment
Describe how collective defined contribution schemes work
Explain some of the issues with Defined benefit transfers

Defined Benefit

How CVAs are impacting pension schemes

Explain how a CVA works
Identify The Pension Regulator’s role during a CVA
Explain what happens when a pension scheme is put into the PPF

How to plan for later life

Explain how advisers should go about later life planning
Describe what clients need in their later life planning
Explain the suitability of tax mitigating products

How to navigate protection and the lifetime allowance

Describe the application conditions for enhanced and primary protection
Calculate the lifetime allowance usage under each form of protection
Calculate the maximum tax-free lump sum amounts

How clients can take pension benefits early due to ill health

Identify when and how clients can take their pension benefits early due to ill health
Outline the conditions needed to pay out a serious ill-health lump sum
Describe how the benefits are taxed

What is happening to UFPLS KFIs?

Describe what is happening to KFIs for UFPLS in April
Describe to differences that will take place in April
Describe what challenges this presents to advisers

How should graduates start on their finances?

Describe the financial predicament of recent graduates
Identify certain ways graduates can help themselves when seeking information
Describe the tax advantages low earners have

Does your client need a RIO mortgage?

Define what a retirement interest-only mortgage is
Describe who a RIO mortgage is suitable for
Outline some of the factors one has to take into account with a RIO mortgage

How to sell protection policies

Identify reasons for selling different types of protection policies
Describe why advisers might sell a policy in trust
Describe the importance of scalability with mass affluent clients

How to use cashflow modelling under the product rules

Describe what the prod rules expect of financial advisers
Describe what capacity for loss actually means, and how cashflow tools help
Identify how cashflow tools can help with charges

How to advise on workplace pensions

Identify the exclusions that can be placed on workplace saving
Describe how employers should treat the 8 per cent contribution rate
Identify what the default charge is for a workplace pension

Inheritance Tax

Safeguard the children's inheritance

Identify how the nil rate and residence nil rate band work
Describe how pensions can be used in IHT planning
Describe how business relief works

How clients needing care can get financial help

Identify the ways in which elderly or disabled persons can get state funding
Identify the different types of state benefits
Describe the benefits of NHS continuing healthcare

Understanding how death benefits work

Identify the ways in which pension benefits can be paid
Identify the different types of lump sum death benefits
Explain how death benefits are tested against the lifetime allowance

How to hold business premises in a Sipp

Describe how buying a property with one's Sipp works
Identify how one gets insurance for the property
Describe some of the risks associated with buying a property with a Sipp