Latest - REGULATION / COMPLIANCE

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  New trust registration rules you need to consider

  4 April 2020

  Trust registration deadlines are changing and paraplanners need to know about them, says John Humphreys, inheritance tax specialist at WAY Investment Services This article was first published in the March 2020 issue of Professional Paraplanner. On 10 January 2020, the Fifth EU Money Laundering Directive (5MLD) came into force in the UK, with an...

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  Can your client trust their pension transfer?

  2 April 2020

  What constitutes a recognised pension transfer? Gareth James, head of technical at AJ Bell looks at a recent court case where this became the focus of attention and the need for care and discretion. The liberation of funds from pensions using means that HMRC or the FCA have taken issue with has taken a number...

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  TDQ: TEST YOUR KNOWLEDGE – ANSWERS

  26 March 2020

  As part of our Training, Development and Qualifications (TDQ) series, Professional Paraplanner has teamed up with key training and exam support providers to help you to, amongst other things, revise for your qualifications. Below you will find also the cross-references for the 10 questions in this month’s TDQ: Test Your Knowledge, which we posed...

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  TEST YOUR KNOWLEDGE QUESTIONS

  26 March 2020

  For Professional Paraplanner’s TDQ (Training, Development and Qualifications) series, we have teamed up with key support providers, such as Brand Financial Training, to provide our readers with the very best in training, development and exam support. This series aims to provide you with valuable advice and guidance materials to help you achieve your training...

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  Pension Regulator issues guidance on pension payments in current situation

  24 March 2020

  As the impact of Coronavirus grows deeper, The Pensions Regulator has issued guidance for the industry, stating that employers must keep contributing to pensions, and DB benefits should continue to be paid. The government body said that it recognises the strain employers are currently under, and it will take a “proportionate and risk-based approach”...

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  2020 Budget in brief

  11 March 2020

  In his first Budget as Chancellor of the Exchequer, Rishi Sunak sought to tackle both the issues caused by the effect of the Coronavirus in the UK, announcing £12bn of spending to counter Covid-19 outbreak, as well as tax issues, such as the effect of the tapered annual allowance on the NHS service.   In respects of the...

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  Pet hates of a file reviewer – Part 3

  3 March 2020

  ATEB Consulting’s Steve Bailey continues his series highlighting the pet hates of ATEB consultants when reviewing the files of advisory firms. To read Pet hates of a file reviewer – Parts 1 and 2, click here for Part 2 and here for Part 1. This article is the third instalment in our ‘pet hates’...

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  TCC launches digital file-checking service

  3 March 2020

  Compliance Consultancy TCC has launched a new automated file checking service, which digitally checks all a firm’s files and highlights those that need human intervention. The firm says the first-line checking service provides a digital pre-check, which compares all file documents against pre-defined criteria, to identify risk that requires further, human review. This, TCC...

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