Eclipse: Dealing with providers

Dealing with providers – everyone’s least favourite part of financial services at the best of times, right? We joke about it with our new trainees; how we hope they enjoy the sound of Greensleeves, or being told that 2 + 2 = 7. It’s just a fact of finance life. But… it seems to be […]

Dishing the dirt on digital currency

Although cryptocurrencies have been around for a while, in recent months they are something I, and probably yourselves as advisers, have noticed being mentioned more often in client assets or in conversation. But what exactly are ‘cryptocurrencies’ and what exactly is the FCA position on them? On as a basic level, cryptocurrency is a form […]

If I could ‘TAR-n’ back time…

In our day-to-day work as paraplanners, we regularly see recommendations in regards to surrendering investment bonds for a variety of reasons. For example, restructuring investments more tax efficiently, poor performance, and to reset the 5% allowance clock. As a surrender is a chargeable event, if there’s a gain crystallised, there can be tax to pay […]

Technology talks – or does it?

I recently attended an online seminar with a group of advisers to discuss the various issues around the use of technology within the advice profession and how best to embrace it post Covid. The general consensus amongst the group being that online meetings had been a welcome addition to their process, and in large would […]

The tax planning impact of the big allowances freeze

With the Budget just announced and tax year end approaching, it feels like the right time to recap on the last tax year while looking ahead to the next one. Tax year end is always a busy time for us, and no doubt for you too. A lot of this work relates to pension and Isa top-ups to make use of available […]

Business Funding Options

Now more than ever we will all be seeing clients who face challenges in funding and supporting their own business. These clients may have used the various support schemes already and may face further need to secure funding.  Pensions are always a popular source of consideration and with other government options exhausted, they may be […]

How paraplanners are making the new world work for them

I have noticed a real shift in mindset to the “new normal”. Advisers and paraplanners who decided to sit tight in the first lockdown have accepted that the changes to the way we work are here for the long term, if not forever. Read more in our Money Marketing article here.

Investment Pathways

What is it? The FCA’s Investment pathways came into force this month, meaning that pension providers are now required to offer ‘investment pathways’ to non-advised customers entering drawdown. This applies to customers moving all or just part of their funds into drawdown. An investment pathway does not need to be offered where an annuity or […]

A pain in the ASR’s?

We’ve heard these mentioned a lot over the last couple of years, following the introduction of Mifid II. However, any good adviser would have been carrying out annual reviews well before this. Mifid II just brought about some necessary tweaks to those reports, such as; Clearly assessing the suitability of previous advice given, and reconfirming […]

To keep or not to keep?

That seems to be the question now in relation to open-ended property funds. Our friends at Apricity summarised the main proposed changes under the Consultant Paper 20/15 which you can read here, including the options available to you at your firm. Here, we’ll look at some of the practical considerations. Approach to making changes Assuming […]