Retirement

It's been a turbulent few years for pensions and retirement with the secular fall in interest rates which did enormous damage to the DB pension sector. We've also had a massive regulatory change affecting how much we can take out of pensions in terms of lump sums. This Masterclass discusses these topics and also takes a look at auto-enrolment and reliability on new technology helping us to save for retirement. On the panel to discuss are:...

Tutors:

• Peter Carter, Retirement Advantage
• Andrew Tully, Retirement Advantage

Learning outcomes:

1. How to approach retirement pots as an adviser
2. What are different strategies for drawdown
3. How to select the best strategy for different clients

Tutor:

• Jamie Clark

Learning outcomes:

1. The scale of the auto-enrolment market and opportunities it represents
2. What happens when an employer fails to pay auto-enrolment fines
3. How to approach moving a scheme

Tutors:

• Jennifer Gilchrist, Royal London
• Graham Duffy, Just

Learning outcomes:

1. The government's attitude to social care and what the law says
2. Examine the barriers/gaps in the market for potential care products and how advisors should approach this as part of a proposition

Tutors:

• Aston Goodey, Retirement Advantage
• Andrew Tully, Retirement Advantage
• Richard Nuttall, SimplyBiz

Learning outcomes:

1. Define drawdown post pension freedoms and its opportunities and challenges
2. Explain longevity risk, sequence of returns and mortality drag

Tutor:

• Vince Smith-Hughes, Director of Specialist Business Support Prudential

Learning outcomes:

1. How DB schemes calculate transfers values
2. Whether transfer value analytics is still relevant
3. How the regulator will shape TVAS moving forwards

Tutors:

• Sir Steve Webb, Royal London
• Vince Smith-Hughes, Prudential
• Justin Corliss, Royal London

Learning outcomes:

1. The FCA's attitude to and guidance on pension transfers
2. The pros and cons of a pension transfer
3. How to deal with clients who insist on a DB transfer

Tutor:

• Jan Holt, Just

Learning outcomes:

1. FCA research and publications about vulnerable consumers
2. The issues that arise when consumers find themselves in vulnerable circumstances

Tutor:

• Jan Holt, Just

Learning outcomes:

1. The role of guaranteed income for life provided by an annuity
2. How to identify when equity release can support a client's financial plans
3. How to review proposition and process to ensure both clients and firms are properly protected

Tutor:

• Graham Duffy, Just

Learning outcomes:

1. The changes to health and longevity for the elderly
2. Key client needs when a care requirement arises
3. The background to provision and funding of social care

Tutor:

• Jeremy Martin, Just

Learning outcomes:

1. The triggers that might result in exit from drawdown
2. The role for guaranteed income for life provided by an annuity in assessing suitability for drawdown

Tutor:

• Jeremy Martin, Just

Learning outcomes:

1. The latest FCA research and publications about consumers at and in retirement
2. The risks that client face during retirement
3. The role of guaranteed income for life provided by an annuity

Tutors:

• Jan Holt, Just
• Fiona Tait
• Lorna Blyth, Royal London Group

Learning outcomes:

1. The need that many of your clients have for guarantees for their income
2. Strategies to create a solution for sustainable income for differing client needs

Tutors:

• Jan Holt, Just Retirement
• Richard Sheppard, MetLife

Learning outcomes:

1. The taxation of death benefits from annuities and drawdown
2. The importance of inter-generational financial planning

Tutors:

• Jan Holt, Just Retirement
• Richard Sheppard, MetLife

Learning outcomes:

1. The long-term care market and costs for clients
2. When to speak to clients about long-term care

Tutors:

• Jan Holt, Just Retirement
• Richard Sheppard, MetLife

Learning outcomes:

1. The layers of income strands in retirement
2. The necessity to consider tax
3. The flexibility that is required to cope with changes in clients' circumstances as they pass through retirement

Tutors:

• Jan Holt, Just
• Richard Sheppard, MetLife

Learning outcomes:

1. How to create a drawdown review process
2. How to take account of longevity, mortality and inflation risks
3. The importance of an accurate critical yield analysis

Tutor:

• Mark Williams, Octopus Investments

Learning outcomes:

1. Where EIS and VCTs are complementary to pensions
2. What types of clients may benefit from their use
3. Where EIS and VCTs are useful in IHT planning

Tutors:

• Martin Lines, Partnership
• Simon Massey, MetLife

Learning Outcomes:

1. The role of annuities in a world of pension freedoms.
2. How pensions can work alongside later life solutions.
3. The importance of state pension as part of overall retirement provision.

Tutors:

• Jan Holt, Just Retirement
• Stan Russell, Prudential

Learning outcomes:

1. The major changes and elements in pension planning
2. How to meet client objectives

Tutors:

• Jan Holt, Just Retirement
• Vince Smith-Hughes, Prudential

Learning outcomes:

1. Creating flexibility in pension planning
2. Some alternative strategies you may consider with your clients

Tutors:

• Jan Holt, Just Retirement
• Vince Smith-Hughes, Prudential

Learning outcomes:

1. Investment for income and available asset classes
2. Buy to let

Tutors:

• Steve Martell, Just Retirement
• Les Cameron, Prudential

Learning outcomes:

1. How the changes introduced by the March 2015 budget affect those coming up to retirement
2. How to assess a client's capacity for loss and attitude to risk

Tutors:

• Mike Hammond, Premier Asset Management
• Simon Evan-Cook, Premier Asset Management

Learning outcomes:

1. The future of annuities
2. The trends driving the demand for alternative income products
3. The role of the multi-asset funds in providing a stable alternative income source

Tutors:

• Jan Holt, Just Retirement
• Vince Smith-Hughes, Prudential

Learning outcomes:

1. April 2015: The pension and tax rules
2. The implications for advice models
3. Planning client communication and segmentation strategies

Tutor:

• Jan Holt, JustRetirement

Learning outcomes:

1. Understand the dynamics of the long-term care market and the factors driving growth
2. Describe the key elements of the Care Act, in particular, the financial aspects relating to care funding

Tutor:

• David Taylor, Just Retirement

Learning outcomes:

1. Have a clearer understanding of the factors to be considered in the discovery process
2. Better understand the circumstances where fixed term annuity fits into the retirement planning landscape

Tutors:

• Vince Smith-Hughes, Prudential
• Steve Martell, Just Retirement
• Roger Cooper, Pi Consulting

Learning outcomes:

1. Tax planning opportunities in light of the changes
2. Future use of annuities and drawdown

Tutor:

• Jan Holt, Just Retirement

Learning outcomes:

1. Outline the demographic trends in the UK
2. Explain the implications of longevity and an ageing population on retirement planning

Tutor:

• Jan Holt, Just Retirement

Learning outcomes:

1. Describe the equity release market and its potential
2. Identify the clients who might wish to consider using equity in their homes to improve their financial position

Tutor:

• Robert Cochran, Scottish Widows

Learning outcomes:

1. Legacy rules for dealing with Pre-RDR business, in a post-RDR environment

Tutors:

• Steve Bee, Jargon Free
• Adrian Sims, Nest
• Susan Smith, PMI

Learning outcomes:

1. The background to the introduction of auto-enrolment
2. The role of Nest
3. The opportunities for advisers looking to develop business in auto-enrolment