Retirement Income CPD Course 

How workplace pensions fit into a client's financial plan

  • Learn what has changed in workplace pensions.
  • Understand how to get the accumulation strategy right and common questions about decumulation.
  • Consider how to help maximise overall pension savings.
CPD
Approx.60min
How workplace pensions fit into a client's financial plan

Introduction

Workplace pensions are once again coming into their own, thanks largely to the role that auto-enrolment has played in bringing nearly 9 million employees into an employer-sponsored pension scheme.

But how do these fit into the overall strategy when it comes to helping advise clients on their accumulation and decumulation options?

Moreover, what sort of issues around the investment strategy should advisers be discussing with both their corporate and individual clients?

This special report covers some of the broader themes around workplace pension planning - both in the accumulation and decumulation stages, investigating what sort of questions people might have as they come up to their retirement date, and how advisers can help people make the most of their pension provision.

Contributors to this special report: Chris Daems, director of Cervello Financial Planning; Chris Budd, chairman of Ovation Finance; Sean McSweeney, corporate advice manager at Chase de Vere; Martin Bamford, managing director of Informed Choice; Neil Adams, head of pension planning at Drewberry Wealth; Peter Glancy, head of policy development for Scottish Widows; Tom Selby, senior analyst at AJ Bell; Matthew Connell, director of policy and public affairs for the Personal Finance Society; Kate Smith, head of pensions at Aegon; Carolyn Jones, head of pensions product at Fidelity; Prudential.

Simoney Kyriakou is content plus editor for FTAdviser

In this special report

CPD
Approx.60min
  1. Mr Glancy says auto-enrolment has been the biggest development in workplace pensions. He describes it as a catalyst for what?

  2. Experts from the pensions world have recommended three levels of auto-enrolment contributions which are needed to meet retirement needs. Which is the odd one out?

  3. Mr Adams says: "Another way to help get the accumulation strategy right is to encourage..." what?

  4. According to Mr Budd, what is the first question he asks clients about decumulation?

  5. Mr Long says there are three common questions about annuities. Which of these is not commonly asked?

  6. Is the following statement from Mr McSweeney true or false: "In a world where employers cannot impose a default retirement age, this has huge implications for both the efficiency of the workforce and for succession planning."

Nearly There…

You have successfully answered all the questions correctly, well done!

You should now know…

  • Learn what has changed in workplace pensions.
  • Understand how to get the accumulation strategy right and common questions about decumulation.
  • Consider how to help maximise overall pension savings.

I completed this CPD in

To bank your CPD please complete the form below.

What did you learn from undertaking this CPD exercise?

Why did you undertake this piece of learning?

Banked!

Congratulations, you have successfully completed and banked this piece of CPD

Already Banked!

You have already banked for this article.

To bank your CPD you must or

Register

One or more questions have been incorrectly answered,
 please review your answers and try again.

Please enter what you have learnt and why you completed this CPD.

More Pensions CPDSee my completed CPDSee all CPD

Comments