On this webinar Colin Simmons, Pension Business Development Manager, Pru, and Stuart Eve, Business Development Manager, Curtis Banks, looked at what advisers should be considering when conducting client income drawdown reviews - challenging the thought process on: Is the income still sustainable; Is the investment still suitable?
They also explored different investment techniques and shared best practise from the recent FCA finalised guidance paper, and what it could mean for drawdown advice.
Following the session you should now be able to:
-Colin Simmons, Pensions Business Development Manager, Pru
-Stuart Eve, Business Development Manager, Curtis Banks
To claim your CPD certificate, test your knowledge with the questions below.
Write down your answers to each of the following questions and check your answers when you click through to claim your CPD certificate on the link below.
Test your knowledge
1) FG21/03 is the finalised guidance for what area of advice?
A. Equity Release
B. Pension Funding
C. DB Transfers
2) FG21/03 refers to tiering the client income into the following…
A. Essential, Lifestyle and Discretionary
B. Essential and non-essential income
C. Emergency funds, income funds & savings funds
3) For client’s who have pension funds in excess of the Lifetime Allowance the potential for tax could be as high as?
4) According to the PFS Drawdown good practice guide - Effective cashflow modelling should have what?
A. Stress testing scenarios
B. Stochastic modelling
C. Determinist modelling
D. Be independent
Read everything about tax year end planning.
2 min read
27 Jan 22
Find out more about Trusts by taking this quiz. Earn your CPD certificate on PruAdviser.
3 min read
17 Feb 22