CPD

All CPD content

Guide to Family Financial Planning

Describe some of the challenges involved in family financial plannning
Describe the ways in which families can plan their intergenerational wealth transfers
Describe the uses of trusts in family financial planning

Master trusts have to shape up

Describe how master trusts have to conform to new rules
List what master trusts have to submit
Describe the charges that auto-enrolment schemes can make

Guide to Sipps

Describe the advantage of Sipps
Describe the difference between standard and non-standard assets
List the factors for selecting a Sipp

Defined Benefit

Could FCA’s letter spark a mass exodus?

Learn about how firms have reacted to the FCA's Dear CEO letter
Gain an understanding of current developments in the DB transfer space
Learn about the challenges the industry faces with DB transfers

Protection for the vulnerable

Learn how to identify a vulnerable customer
Learn actions firms should take when dealing with a vulnerable customer
Understand how firms can achieve appropriate customer outcomes

Commercial property can save your pension

Describe how commercial property can be used in a pension
List when residential property can be used
Describe what happens with tangible moveable property

Regrets, refunds and the relevance of contribution paid dates

Describe how the refund of excess contributions lump sum works and what is considered a genuine error.
Identify the date contributions are paid for tax purposes and how different payment methods are treated.
List what advisers need to know about pension savings statements.

Inheritance Tax

How to keep wealth in the family

Describe the challenges of passing on assets later in life
List the differences between gifting and trusts
Describe the process one has to go through when considering gifting

How to navigate the pensions tax landscape since freedoms

List what changes in the tax landscape mean for clients in decumulation.
Identify why retirement is changing.
Describe why annuities are still an option for clients.

How to help clients with tax-efficient planning

Identify what clients need to prioritise as tax year end nears.
Describe how clients can make the most of tax allowances, including pensions and Isas.
List what clients can do to avoid last-minute tax planning.

Sipp providers in limbo but sales hold steady

To gain an understanding of the current Sipp market
Learn about the sector's challenges
Be able to compare the charges and features of Sipp providers

What is the carry on about carry forward?

Describe what carry forward is.
List the rules governing how carry forward works.
Identify the split into two mini tax years and how to inform HMRC.

Why annuities are an essential tool for clients' financial future

Describe why clients' retirement income needs are changing and how the annuity market has developed.
List the different types of annuities including lifetime, enhanced and fixed term.
Identify the importance of advice in the annuity market and why annuities can be an essential tool for clients.

Understanding voluntary and compulsory scheme pays

Describe the background to changes to the annual allowance.
Identify the requirements of voluntary scheme pays and compulsory scheme pays.
List what there is to know about DB and DC scheme pays.

How to prepare your clients for Brexit volatility

Identify how Brexit might trigger volatility in markets and currencies and the impact on client portfolios.
Describe how advisers can help clients with short-term drawdown needs to navigate volatility.
List what advisers can do to help clients meet their income needs.

Why advisers should embrace AI’s potential

Understand how AI is affecting the advice process
Gain an insight into the FCA's concerns about AI
Be able to describe the types of AI being deployed

What you need to know about later life protection

Identify why the cost of care in the UK is rising and what that means for protection needs.
List how advisers can help clients plan early and identify the right protection cover.
Describe which products have entered the market to meet later life protection needs.

Understanding the role of independent financial advice in divorce

Describe how financial planning at the outset of divorce proceedings can help fund it.
List what factors are relevant to financial arrangements in divorce proceedings and the need for financial disclosure.
Identify what need there is for clients to get financial advice when going through a divorce.

Defined Contribution

Testing DC pension benefits against the lifetime allowance

List the calculations involved in testing against the lifetime allowance.
Describe how the tax charge is calculated and whether there is any way of mitigating it.
Identify how pre-2006 pensions can still reduce the available lifetime allowance at age 75.

Prospects are glowing for collective defined contribution schemes

Describe how Collective Defined Contribution schemes might work
List how CDC schemes might be useful for the Royal Mail
Describe why it might raise retirement income over the longer term