Retirement CPD course  

Guide to pensions advice

  • Describe some of the basic elements of pension advice
  • Identify the role, or otherwise, of annuities
  • Explain some of the main problems that occur with pension advice
CPD
Approx.60min
Guide to pensions advice
 Pexels/Mikhail Nilov

Introduction

Pension advice has become a cornerstone of many advisers' propositions, and forms a key part of a longstanding relationship with clients.

But since pension freedoms, that advice has become more complicated, with many more options available to clients.  But with complexity come many more calculations to make - it may well be possible to make withdrawals from one's pension fund but how do advisers accommodate a client's longevity?

Some of these questions will be addressed in this guide, which is worth an indicative 60 minutes' CPD.

In this guide

CPD
Approx.60min

Please answer the six multiple choice questions below in order to bank your CPD. Multiple attempts are available until all questions are correctly answered.

  1. According to the first feature, what is the biggest threat to one's pension?

  2. Which of the following is NOT a benefit of a centralised retirement proposition according to a NextWealth report?

  3. It is impossible to make allowances in a centralised retirement proposition, to prevent shoehorning a client into the wrong solution, true or false?

  4. According to the third feature, annuities should be completely ignored for most people, true or false?

  5. Which of the following is NOT an advantage offered by an annuity?

  6. How often does Claire Trott recommend people review their pension pot?

Nearly There…

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

You should now know…

  • Describe some of the basic elements of pension advice
  • Identify the role, or otherwise, of annuities
  • Explain some of the main problems that occur with pension advice

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