Latest - RETIREMENT PLANNING

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  Pension freedom withdrawals fall year-on-year

  2 April 2020

  Pension freedom withdrawals have continued to fall year-on-year, a new survey from AJ Bell has revealed. According to the pensions specialist, withdrawals fell to 4.4% of private retirement pots, down from 4.7% the previous year and 6.6% in 2017. The average annual withdrawal was £6,694. In total, pension freedoms withdrawals now account for nearly...

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  Income today or income tomorrow – drawdown clients’ conundrum

  1 April 2020

  Drawdown clients or those approaching retirement should be careful not to panic or make rash decisions following the sharp Coronavirus-driven sell off across global markets, says Quilter’s head of retirement policy Jon Greer. Greer explains: “In the years since the crisis, investors have enjoyed bumper returns that have bolstered retirement pots. It means that...

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  Cashflow modelling in the current climate

  31 March 2020

  Current volatile markets are further proving the importance of cashflow modelling for financial planning clients, says Rob Tedder, client cashflow solutions manager at i4C. There have been numerous regulation changes in recent years working in favour of cashflow modelling. It is becoming ever more important to focus clients on long-term holistic planning, rather than...

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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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  Nucleus teams up with Be-IQ on behavioural tool

  17 March 2020

  Adviser platform Nucleus has teamed up with Be-IQ to unveil a tool aimed at helping advisers gain a better behavioural insight into their clients. Be-IQ, founded by behavioural finance specialist Neil Bage, launched its consumer-facing interactive app BEAM in December, allowing people to understand their financial behaviour through games and questions. Following on, Nucleus...

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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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  Wealthify launches digital SIPP with Embark Group

  8 March 2020

  Online investment platform Wealthify has launched a new digital self-invested personal pension in partnership with Embark Group. The Wealthify SIPP will allow savers to choose their level of risk, along with an ethical option.  Wealthify will then build the pension according to the customer’s preferred level of risk, using Embark’s technology to enable flexible...

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